Daily Report: Euro Decline Continues, Focus on UK GDP

by Action Insight - Forex Analysis (ActionForex.com) on April 22, 2010

Euro extends yesterday's decline and makes new 2010 low against dollar and new record low against Aussie today. Greece remains the center of focus as Moody's downgraded Greeces credit rating one notch to A3, just four grades above junk. CDS also climbed to record high of 644bps while yield on...