The euro has suffered a slump in Europe.

Keywords: Currencies, Contagion, EUROPE, Pierre-Antoine Dusoulier, EURO.

The euro symbol around 1.27 dollar and depreciated by 4.5% since the beginning of the week. The single currency is suffering from confidence of investors to risks of contagion of the disease Greek public finances to other European countries.

The rescue of Greece Nothing done. Investors remain worried in Europe : the CAC 40 lost again Thursday over 2.2% and broke the 3,600 points, the Frankfurt Stock Exchange fell 0.81%, close to 5900 points, the London Stock Exchange has folded 1.52% to 5260 points.
In the European storm, which contaminates the morale of investors around the world - Asia markets sink into the redAnd Wall Street has suffered more heavy losses - the euro continues its downward trend.
The fears of the contagion of the disease are increasing fiscal Greek daily. If the EU, the IMF and Athens agreed to "save the country from bankruptcy last weekend, the panic was due to global finances since the beginning of the week.
Tuesday's rumor "murders"That Spain could ask 280 billion euros in the IMF and could see its rating deteriorated by Fitch and / or Moody's has dampened the markets. Madrid and ratings agencies have denied. S & P, it, lowered its rating last week.
Then Wednesday the storm came from the threat of deteriorating sovereign debt rating by Moody's of Portugal.
On Thursday, Jean-Claude Trichet, president of the ECB (European Central Bank) has failed to reassure markets. The Ibex-35 index of the Madrid Stock Exchange ended down 2.93% and the Lisbon PSI 20 downgraded from 2.37% to 6824.8 points.
The Athenian has taken place, the colors, gaining 0.98%, despite the strong social tensions in the country.

The euro to 1.25 soon:
Since the euro has broken the support of 1.3280 earlier this week, the single currency nosed. On Friday, it dropped below $ 1.27, to 1.2659 dollar per euro, far from 1.5144 dollars reached November 25, 2009. The Euro is at its lowest in a year deal with the sixteen major currencies in the world, and been fourteen months against the dollar.
Since 1 January, the single currency has dropped 11.4%.
"The next support is at 1.2450 dollar," recalls the president of Saxo Bank, Pierre-Antoine DusoulierAnd ensures that could be reached "very soon".
If the euro remains at levels "healthy for the European economy, this decline reflects the magnitude of the crisis in the Old Continent. Such differences in scoring so little time, are accustomed closely watched by the European Central Bank (ECB).