Euro what are you doing Again you fall

Euro, what are you doing? Again you fall?

And again, the euro fell to
nine-month low on Wednesday after
a sharp decline in output data
Industrial orders in Germany.

According to Reuters,
investors do not want
to take the risk, prompting fears
on the crisis in Ukraine, but because
universally support the dollar and pressured
the euro.

Wednesday also accelerated
decline of the euro, when it became known that
the number of industrial orders in Germany
in June fell the most since September,
2011 due to the geopolitical crisis.
Now, these risks do companies
more cautious when entering into
contracts.

After the release of statistics
the euro fell to $ 1.3349, the lowest value
November. Now he is trading at
$ 1.3364.

As a result, reduce
Dollar updated 11-month high to
a basket of currencies. The dollar index rose
already before 81.65, higher than the maximum value
since September last year.

"We went back to
Medium-term trend of increasing
dollar", – the analyst said Jesper
Bargmann from Nordea Bank. For some
, the euro is likely to be even
decline against the dollar due to the difference in
forecasts for monetary policy
in the US and the euro zone, as the expert said.

The dollar is stable today
the yen is at about 102.58.
Euro as the yen fell to 0.15% – to
137.10.

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