Euro reaches a new possible low with a continuous decline in Ireland’s rating

[RTFX-Trading]

Euro reaches a new possible low with a continuous decline in Ireland’s rating.

The euro is still on the rough side this morning, as it reached a new low at 1.3056 at 10:24 CET. Moody's said it is reconsidering the triple A rating of Ireland. The market seems to be ignoring the trade deficit registered in February, i.e. -2 billion Euros compared with -5.5 billion in January.

Nicolas Longchamp
RTFX Ltd
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