Tue, 22 Jul 2014 19:50:12 GMT
The Euro breaks down in early European session
While the U.S. inflation faintly accelerated, leading to broad gains in the value of the U.S. currency, the Euro gave up its positions, slipping below this year's minimum of $1.3480. Now the currency pair is facing a long-term trend-line at 1.3470. Meanwhile, the Bundesbank warns there are still problems with the economy of the Euro zone and with the flagman