The Euro tumbled against the US Dollar in trading on Tuesday after weak German manufacturing data meant worries continued to mount over slowing growth in the German economy.
This also did little to alleviate fears that Spain may need a full bailout. And to add more fuel to the fire, Moody's changed its outlook for Germany, Holland and Luxembourg to negative, adding that Europe's top-rated countries may have to increase financial support for more troubled regions like Spain and Italy.
This also did little to alleviate fears that Spain may need a full bailout. And to add more fuel to the fire, Moody's changed its outlook for Germany, Holland and Luxembourg to negative, adding that Europe's top-rated countries may have to increase financial support for more troubled regions like Spain and Italy.
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