At the auction on Thursday, the euro reached an 8-month low against the dollar on the background of criticism from the future head of the ECB Mario Draghi at the situation in the banking sector in the region, as well as the inability of European finance ministers agreed to increase the size of the EFSF. The yen strengthened against all major currencies and the dollar has taken second place, while the SP 500 index closed at a minimum value since the beginning of the year. "The technical picture in the euro / dollar is deteriorating day by day, and in the near future we may see the emergence of bearish" death cross "when the 50-day moving average crosses under the 200-day" - says Mark McCormick, currency strategist at Brown Brothers Harriman in New York. - "By the end, the couple may be in the range of $ 1.28."
