Friday, January 14, 2011

Euro May Weaken to $1.18 in First Half of Year

 01-14-2011---- Analysts are divided as to whether the euro will strengthen versus the dollar this year as nations such as Portugal and Spain aim to refinance their debt and the U.S. budget deficit widens. 
 The 17- member common currency had its biggest loss against the dollar in five years in 2010 as the debt crisis worsened.
FOREX-Euro on pace for best week since mid-2009 
EURO GOVT-Two-yr German yields hit 12-mnth high on ECB
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