Thursday, July 28, 2011

EUR/USD Performance Chart as at 1:00p.m. Singapore time, 28/07/11

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HISTORICAL DETAILS
% Change
1 Wk -0.46
1 Month -0.08%
3 Months -3.03%
6 Months 4.55%
1 Year 10.49%
 
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 saw a sharp reversal of fortune as Greece’s credit rating was once again downgraded by S&P and Germany’s Finance Minister said the government rejects a 'carte blanche' approach for secondary bond market purchases by the EFSF/ESM. Ending the Australian session around the 1.4525 level, the euro plunged to an overnight low of 1.4339 before recovering slightly to close at 1.4369. Upon recommencing for Asian trade, it has traded in a narrow range and currently sits at 1.4360. Chris Weston, Australia
 

 

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