Darrell Jobman, Editor-in-Chief, TraderPlanet.com

EUR/US$

The Euro was again unable to sustain a push above 1.27 in Asian trading on Monday as resistance levels remained intact and the currency weakened significantly in Early Europe.

There were ECB warnings on Monday over the danger of pushing interest rates too low, but the Euro was still undermined as the World Bank warned over a steep global downturn.

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