Weakened, Euro Could the U.S. Dollar Down 1.30

Movement of the euro fell below 1.30 dollars level for the first time in two months. At 07:58 pm London time, the euro fell 0.5 percent to 1.3011 U.S. dollars. Even in previous transactions, the euro was beaten down to the position of 1.2995 U.S. dollars. This is the weakest level since February 16 last.

Meanwhile, the common currency has depreciated 17 countries by 1 percent to 104.81 yen. Whereas if you are dealing with the British currency, the euro fell 0.5 percent position to 82.10 UK pence, which is the weakest level since September 2010. The position of the yen depreciated 0.5 percent to 80.55 per U.S. dollar.

Keoknya euro occurred as Spain plans to sell promissory notes and bonds this week. In fact, market concerns about the escalating crisis in Europe. "European leaders are still a little depressed on the issue of the debt crisis. In addition, Spain will auction bonds this week. This led to the euro pressured," said Jeremy Stretch, head of currency strategist at Canadian Imperial Bank of Commerce in London.

Just a note, tomorrow (04.17.2012), Spain will sell bonds berjangkawaktu 12 months and 18 months. Furthermore, Spain also will auction bonds maturing in 2014 and 2022 on 19 April.

The anxious, the yield of bonds Spain berjangkawaktu 10 years rose by 11 basis points, or 1.1 percent to 6.09 percent. This is the highest level since December 1, 2011.