This week we saw as the euro falls accentuated. The fear that countries such as Greece, Portugal and Spain can not refinance their deficits, caused the closure of the euro on Friday fell to their lowest levels since May 2009. The euro depreciated against the dollar to close at 1.3691. Since early this year meant a brutal drop more than 5% variation. While for now the ECB has decided to keep interest rates at 1%, bringing no major surprises and volatility in the markets, the euro continued to be punished. Regarding speculation that erupted on the possible rescue or support for countries like Portugal, Italy, Greece and Spain, the ECB has made no statements. However,

the ministers of Finance and central bank governors of the G7 are meeting this weekend in Iqaluit (Canada) to discuss exit strategies to measures taken in the crisis and the new regulation system Financial. The resulting product of these meetings can make the direction of the eurozone in the coming weeks. It is for us attentive to the evolution of markets as to the common European currency, the experts do not rule out greater declines.