UFXMarkets Weekly FX Currency Trading News 13-November-2011

2011-11-17 4

For more currency & commodity news & info, visit http://www.ufxmarkets.com... The Euro traded mixed, falling earlier in the week on speculation that the debt crisis is growing. On Thursday, the Euro increased against the US Dollar on optimism that Europe is taking steps to deal with the debt crisis. The Italian senate ratified an austerity bill last Friday, voting for debt reduction steps in the hope of increasing investor confidence. Berlusconi resigned as Prime Minister, after the Italian parliament voted on measures to accelerate growth and reduce the Italian debt.