2012.05.07 14:20:57 MARKET TALK: Trajectory For Euro Remains Lower -Barclays

8:20 (Dow Jones) With heightened uncertainty in France and Greece about austerity measures following yesterday's elections, the "news is not supportive of the euro," says Aroop Chatterjee at Barclays. "The issues are political, but on the economic side, growth looks weak across Europe." The increased uncertainty will weigh on market sentiment and the euro could fall to $1.28-1.29 the next month, he contends. It's down 0.4% at $1.3031, according to EBS via CQG. (anusha.shrivastava@dowjones.com) Call us at (212) 416-2354 or email kevin.kingsbury@dowjones.com (END) Dow Jones Newswires May 07, 2012 08:20 ET (12:20 GMT)