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View Full Version : Lira Weakens Second Day as Spain's Debt Woes Hurt Risk Appetite - Bloomberg



NewsWhore
07-20-2012, 11:30 AM
Lira Weakens Second Day as Spain's Debt Woes Hurt Risk Appetite (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFkWQhTiqUtnS2IHJ6R2baoWRoAkA&url=http://www.bloomberg.com/news/2012-07-20/lira-weakens-second-day-as-spain-s-debt-woes-hurt-risk-appetite.html)
Bloomberg
“Markets switched suddenly into risk off mode on the back of the news that Valencia is seeking aid from the Spanish government to repay its debt,” Thu Lan Nguyen, a currency strategist at Commerzbank AG in Frankfurt, said in e-mailed comments. The ...

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