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Italian Bond Auction Goes Relatively Well but Euro Continues its Slide Against the Dollar says Pan American Metals of Miami |
December 31, 2011
A recent Italian bond auction went better than expected but did little to stop the fall of the euro against a strong dollar.
1888PressRelease - MIAMI, FL - Italy sold over 7 billion euros at rates of 6.98% though Prime Minister Mario Monti warned that the 'financial turbulence' was not over. In fact the auction fell short of the target of 8.5 [...]
http://www.1888pressrelease.com/italian-bond-auction-goes-relatively-well-but-euro-continues-pr-362353.html
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