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27/03/2009, 11h48
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The EURUSD tests the second support following comments by Steinbrueck
The euro against the dollar is down, close to the second daily support following comments by Steinbrueck (Minister of Foreign Affairs): "Germany as a member of the EU, has a massive interest in the credibility of the stability and Growth Pact, which as you know is not taken so seriously by some", He added that the euro could suffer the consequences of non-compliance of the treaty. This non-compliance with the pact could affect the euro, which could lose its credibility and stability.
Nicolas Longchamp Trading desk. Realtime Forex. Geneva/Switzerland. 
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