The Euro plummeted to the lowest point of the 1-month vs the Dollar and to the lowest level vs 8 weeks, continued the weakening of the Yen since last week linked the European debt crisis after the bonds were under pressure from New Spain.
While the European stock exchange seemed more upbeat on Monday, as investors used a sharp decline last week as an opportunity to pick up stocks at cheap prices, although the strengthening still hampered by debt worries, along with yield Spain Spain for 10-year tenor touched 6% for the first time since December 2011.
Posted in: eiropean stock exchange,european debt crisis,European Market Review 16 April 2012,the euro plummeted