air jordans against the hankering merely later gave back most of its gains. Traders said the move was likely caused by a large-lot flow and stop-loss buying, and was probably not ntervention.The euro bore gained some reprieve in recent sessions equally a change in leadership in Italy and Greece aroused goes for for progress in tackling European Economic Community debt problems.
But such that optimism was tempered when Italian and Spanish government bonds came under renewed selling pressure on Monday. A drop in puma sneakers European equities, including banking shares, also did the euro no favours.While day-to-day fluctuations in the euro and investor risk appetite are hard to predict, the single currency is likely to remain under pressure versus the dollar and the yen in coming weeks, said Junya Tanase, chief FX strategist for J.P. Morgan in Tokyo."There is no doubt that Europe is nowhere near a situation that can be viewed with optimism," Tanase said.
"The bias is toward risk-off with both the dollar and the yen rising, while cross/yen pairs including euro/yen are likely to come under downward pressure," he added.
The euro fell 0.2 percent to $1.3612. The single currency is now near the lower end of its trading band since late October of $1.3484 to $1.4248.
One trader said the Lebron james shoes euro may find some support below $1.36 due to bids from Middle Eastern sovereign players and repatriation of funds by European players ahead of their year-end book closings.Possible support for the euro lies just about 1 Online shoes 3569 the bottomom of the becloud on the day-to-day Ichimoku chart, a popular form from technological depth psychology.
But such that optimism was tempered when Italian and Spanish government bonds came under renewed selling pressure on Monday. A drop in puma sneakers European equities, including banking shares, also did the euro no favours.While day-to-day fluctuations in the euro and investor risk appetite are hard to predict, the single currency is likely to remain under pressure versus the dollar and the yen in coming weeks, said Junya Tanase, chief FX strategist for J.P. Morgan in Tokyo."There is no doubt that Europe is nowhere near a situation that can be viewed with optimism," Tanase said.
"The bias is toward risk-off with both the dollar and the yen rising, while cross/yen pairs including euro/yen are likely to come under downward pressure," he added.
The euro fell 0.2 percent to $1.3612. The single currency is now near the lower end of its trading band since late October of $1.3484 to $1.4248.
One trader said the Lebron james shoes euro may find some support below $1.36 due to bids from Middle Eastern sovereign players and repatriation of funds by European players ahead of their year-end book closings.Possible support for the euro lies just about 1 Online shoes 3569 the bottomom of the becloud on the day-to-day Ichimoku chart, a popular form from technological depth psychology.
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