Moody's warns on Euro Banks East Europe exposure

The report by the credit rating agency Moody's is bad news for the Euro, IHT coverage here. It is not clear where this will leave the Euro currency, but as ever Ironies Too will be covering developments with its own unique insights and forecasts! Latest Reuters on currency moves, here and Market Watch here on the Euro 1.53 billion loss at Mercedes. Gold has now risen 10 per cent since the beginning of the year just over 6 weeks ago!