Euro has fallen compared with 10 of the 16 most active currencies after a member of the Executive Council of the European Central Bank of Lorenzo Bini Smaghi said world-record 1 / 25 percent interest rate is "very close" on location, reported Financial Times Deutschland. Two members of the Security Council that last week supported by less than 1 per cent. Indeks dollar approached its highest level for three weeks of speculation about the existence in the U.S. in today's report shows the scale of the economy improved."Investors fear that European politicians are not doing enough to support the economy." Danitsa Hempton, Exchange Bank of New Zealand Ltd Wellington. "Any indication that the eurozone economy is likely to worsen next to the pressure that will lead to devaluation of the euro."
The euro fell to $ 1.2992 in London, from 7:49 to $ 1.3044 in New York April 17. He refused earlier to $ 1.2967, the lowest level since March 17 The European currency fell to ¥ 128.53 from ¥ 129.33 after reaching 128.17, the weakest, from March 30
The yen rose to 98.93 dollars from 99.16 per cent last week. It avansirovana 56.10 compared to New Zealand for 56.32 and 71.13 dollar rose to 71.64 against the Australian currency.
The worsening economy.
The euro fell to a three week low against the yen on signs of recession in 16 countries of the region is deepening. From the German Center for European Economic Research said its measurements on the current conditions fell to minus 90 in April, the lowest level since September 2003, from minus 89.4 in March, according to a poll conducted by Bloomberg News.
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