Greece regained investor confidence in the euro

Greece regained investor confidence in the euro

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On Friday , April 11 , the euro continues to rise on the Forex . By 8:30 MSK it was priced in the market of $ 1.3890 Despite warnings from the European Central Bank , market participants continue to pull up the single currency .

The main positive news in Europe was the message that Greece for the first time in four years the market has placed its bonds worth 3 billion euros. This is 500 million euros more than expected , reports Reuters. By Greek Eurobonds showed an active interest in foreign investors . Athens for this accommodation was checking the reaction of investors before proceeding to refinancing on the capital market .

Symbolically, the autumn of 2011. euro dipped below the psychologically important level of $ 1.4 is on events in Greece. Now the country has once again entered the external debt markets , and as a symbol of ” the triumph of capitalism ” , aimed to regain euro mark $ 1.4

April 11 of macroeconomic statistics should be expected weekly unemployment data and the values ​​of the import price index in the United States . In the euro area will be released monthly report by the ECB. It is possible that it will become a new verbal intervention of the regulator. However, the foreign exchange market is unlikely to abandon the idea of ​​the medium to reduce the euro above $ 1.4

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