Thursday, April 14, 2011

Euro moves ahead

Euro Advances Toward 15-Month High on View Debt Crisis Will Be Contained
By Liz Capo McCormick and Allison Bennett - Apr 14, 2011 2:20 PM GMT-0300
Business ExchangeBuzz up!DiggPrint Email .The euro advanced toward a 15-month high against the dollar on bets the sovereign-debt crisis in nations including Portugal and Greece will be contained and the European Central Bank will raise interest rates further.
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Comment: After way too much doom and gloom for the euro, the risk now is too much optimism.

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