Wednesday, 16 January 2013

EUR/AUD breaks below 1.26 on Euro weakness

EUR/AUD lost today a -0.52% from yesterday's Asia-Pacific open and for the week, reaching a fresh weekly low at 1.2568, weighed on Euro weakness as EUR/USD dropped hard thru the 1.33 handle on comments from EU Junker saying Euro levels were too high, and Spanish PM Rajoy ruling out the bail out option. 

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