The depreciation of the euro will not stop.

%3Cspan+style%3D%22color%3A+red%3B%22%3EKeywords%3A%3C%2Fspan%3E+Currencies%2C+Contagion%2C+EUROPE%2C+Pierre-Antoine+Dusoulier%2C+EURO.%0D%0A%0D%0A%3Cb%3E%3Ci%3EThe+euro+symbol+in+and+drops+%24+1.28+3%25+since+the+beginning+of+the+month.+The+single+currency+suffers+from+the+mistrust+of+investors+to+risks+of+contagion+to+other+Greek+European+countries.%3C%2Fi%3E%0D%0A%0D%0AThe+rescue+of+Greece+Nothing+done.+Investors+remain+worried+in+Europe+%3A+the+CAC+40+lost+more+Wednesday+1.44%25+rapidly+and+approached+3600+points%2C+the+Frankfurt+Stock+Exchange+fell+0.81%25%2C+below+the+6%2C000+points+to+5%2C958.45+points%2C+the+London+Stock+Exchange+has+folded+1.28%25+to+5341.93+points.%0D%0AWhile+the+euro+has+changed+in+recent+weeks+to+the+rhythm+of+bouncing+on+the+financial+support+needed+for+Greece+not+to+go+bankrupt%2C+we+could+expect+that+the+single+currency+reacted+positively+to+the+agreement+of+countries+in+the+eurozone%2C+the+IMF+and+Athens.%0D%0ABut+fears+of+contagion+from+the+Greek+tragedy+were+felt+immediately+and+are+growing+day+by+day.+On+Tuesday%2C+the+panic+was+due+to+global+finances%2C+amid+rumor+% %22Largely+disproved+by+Madrid%2C+that+Spain+could+ask+280+billion+euros+in+the+IMF+and+could+see+its+rating+deteriorated+by+Fitch+and+%2F+or+Moody%27s.+What+they+have+also+denied.+S+%26amp%3B+P%2C+it%2C+lowered+his+own+last+week.%0D%0AThen+Wednesday+the+storm+came+from+the+threat+of+deteriorating+sovereign+debt+rating+by+Moody%27s+of+Portugal.%0D%0A%0D%0A%3Cspan+style%3D%22color%3A+red%3B%22%3EThe+euro+to+1.25+soon%3A%3C%2Fspan%3E%0D%0ASince+the+euro+has+broken+the+support+of+1.3280%2C+the+single+currency+continues+to+depreciate.+On+Thursday+morning%2C+he+flatly+document+under+%24+1.28%2C+to+1.2770+dollar+per+euro%2C+far+from+1.5144+dollars+reached+November+25%2C+2009.+The+Euro+is+at+its+lowest+in+a+year+against+the+16+major+world+currencies.%0D%0A%22The+next+support+is+at+1.2450+dollar%2C%22+says+the+president+of+Saxo+Bank%2C+Pierre-Antoine+DusoulierAnd+ensures+that+could+be+achieved+very+quickly%2C+%22in+the+coming+days.%0D%0AIf+the+euro+remains+at+levels+%22healthy+for+the+European+economy%2C+this+decline+reflects+the+magnitude+of+the+crisis+in+the+Old+Continent.+Such+differences+in+scoring+so+few+times+are+very+accustomed+monitored+by+the+European+Central+Bank+%28ECB%29%2C+which+has+however+not+yet+made+a+speech+or+intent+at+this+point.%3C%2Fb%3E