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Concerns over Portuguese government’s survival

Fears have mounted over the Portuguese political situation following the resignation of the junior coalition partner which has created some downward pressure for the euro

By Richard Nehme | July 3, 2013 10:37 BST
Euro continues to benefit from weaker USD
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EUR/USD continued to weaken and fell to a fresh 1 month low of 1.2987 from the earlier high of 1.3080 as the dollar’s strength continued. Eurozone PMI services data released this morning was worse than expected and the pair are trading down further at 1.2952 [...]

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