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HISTORICAL DETAILS
% Change
1 Wk 1.61
1 Month 0.20%
3 Months -1.35%
6 Months 5.61%
1 Year 12.79%
52 WEEK
High 1.4940
Low 1.2588
BLOOMBERG MEDIAN FORECASTS
Q2 2011 1.45
Q3 2011 1.44
Q4 2011 1.43
Q1 2012 1.42
DAILY DETAIL
Overnight, the euro rose to two-and-a-half week highs, as investors gained in confidence following the agreement from EU officials on a new bailout package for Greece. The decision was also aimed at limiting the crisis spreading to other debt-plagued European nations. The EU empowered the €440 billion rescue fund to buy debt across stressed European nations, and to offer credit lines to troubled banks to protect them from speculators. These measures helped calm investor fears that the debt crisis would spill over to the larger nations of Italy and Spain. Ending the Australian session around the 1.4275 level, the euro surged to an overnight high of 1.4425 but has lost some ground today in Asian trade, falling back below the 1.44 level. The pair currently sits at 1.4390. Cameron Peacock, Australia
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