The Euro found itself under pressure during the Asian session on Monday with the prospect of a recession in Germany taking centre stage.
Growing concerns about also Italy weighed on on the Euro forcing the single currency to slip to near a 2- week low achieved on Friday.
On Friday, Germany's central bank warned that the largest ecomony in Europe could soon enter recession. The Italian Prime Minister also stated on Saturday that he intended to resign early adding to the Euro uncertainty.
Growing concerns about also Italy weighed on on the Euro forcing the single currency to slip to near a 2- week low achieved on Friday.
On Friday, Germany's central bank warned that the largest ecomony in Europe could soon enter recession. The Italian Prime Minister also stated on Saturday that he intended to resign early adding to the Euro uncertainty.
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