Euro at Risk of Renewed Falls on Energy Prices, U.S. Data, French-German Yield Spread — Market Talk
The prospect of a renewed rise in energy prices, strong U.S. economic data and a further widening in yields between French and German government bonds have the potential to weaken the euro, ING's Francesco Pesole says in a note. The euro could reach support levels of $1.1320-$1.1330 quickly if oil…