Euro Versus Pound and Yen December 13th

FX Strategy Video > Currency Pairs Analysis

EUR/GBP finally busted through the massive support level at 0.8000 on Monday as the threat of downgrades starts to weigh upon the EU in general. Although the Pound has its own problems, the Euro is in absolutely horrible shape.

EUR/JPY has fallen quite hard on Monday, and looks like there will be a battle at 102.50, which is only minor support. By all accounts, this pair looks like it wants to fall further.

Published on 12th of December 2011
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