The Euro falls after Angela Merkel remarks on debt crisis

Note: This section contains information in English only.
Source: Reuters
Angela Merkel remarked on Wednesday, July 18, that Eurozone's bailout plan is not finally developed and leaders are not sure about its success. This immediately caused the Euro depreciation against the British Pound, the US and Australian Dollar. Before the overnight the European currency stopped at USD 1.2276, AUD 1.1847 and GBP 78.45 per EUR.

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