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Wednesday, 22 August 2012

2012.08.22 15:49:58 MARKET TALK: Euro Likely to Take Another Crack at $1.25 Soon

9:49 EDT - CMC joins those calling today's modest retreat for the euro
mere profit-taking after its 1% climb Tuesday. "We'll probably drift
down to $1.2410 before rallying again to the $1.25 level," it says.
The euro is down 0.2% today at $1.2445, according to CQG.
(ira.iosebashvili@dowjones.com)

(END) Dow Jones Newswires

August 22, 2012 09:49 ET (13:49 GMT)

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