Euro Steadied After Spain’s Debt Rating Downgrade

It’s shakey, but steady.


Trading Point
 

FOREX-Euro recovers after Spain but downside eyed
Reuters
TOKYO, Oct 19 (Reuters) – The euro steadied on Wednesday after a downgrade of Spain’s debt rating took away some of its gains made on a report that France and Germany have reached a deal to bolster the euro zone’s bailout fund,
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NEWS.GNOM.ES (press release)
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We will have to keep a close eye on this situation.

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