Euro Extends Decline as Investor Confidence Falters @ Forex Factory

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Euro Extends Decline as Investor Confidence Falters

The Euro extended the decline from the previous day and slipped to a low of 1.4303 during the overnight trade as the economic docket reinforced a weakened outlook for future growth, and the single-currency looks poised to test the 200-Day SMA (1.4288) for short-term support as investors scale back their appetite for risk. Read more: DailyFX - Euro Extends Decline as Investor Confidence Falters, U.K. Inflation Jumps at Record Pace http://www.dailyfx.com/forex/fundame...#ixzz0d5bWUKwm Full Story

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