Home>Topics>>GLOBAL MARKETS-Euro hits 6-week low on ECB loan repayment, Italian elections
GLOBAL MARKETS-Euro hits 6-week low on ECB loan repayment, Italian elections
Reuters: US Dollar Report
Fri, 22 Feb 2013
* Low ECB loan repayment pushes euro to 6-week low * U.S., European shares, commodities rebound after sharp losses * Italian elections in focus * Wall St rebounds on HP, Fed officials'...
Concerns over Greek government turmoil, Italian debt, the ECB's mandate, and the sturdiness of the EFSF are complicating plans for a bailout, says Morningstar markets editor Jeremy Glaser.
Fundamentals remain strong across the board, but high-quality corporate credits are likely to outperform in a volatile environment, says Morningstar's Dave Sekera.