The Euro depreciated against the dollar on Friday. The currency pair EUR/USD
opened at 1.1361. In the morning the single currency weakened to 1.1270 due
to decrease of Italian GDP. In the afternoon it wiped out its loss and
closed at 1.1322. In American trading session the rate EUR/USD began at
1.1313 and without any significant movements closed at 1.1306. This morning
the rate opened at 1.1285 and should stay between 1.1250 and 1.1350.
Zdenek Safka, Investment Research, CSOB