As it was informed by "Market Leader (US)"
GBPUSD: weekly volatility outlook. Dec 12th-16th 2011
Forex news, Euro rate. As expected, Euro has dropped in value during Monday trading in Asia. Coming closer to the end of the year, the fight continues after the European Union agreement about deeper economic integration.
Except for Great Britain, the summit participants have decided to introduce stricter budget rules for common currency and to allocate up to 200 bln. Euro of bilateral loans from International Monetary Fund in order to fight crisis.