Euro toppish at 1.2770

The euro is seen toppish at near term resistance of 1.2770 against the dollar, which may hold the currency down. In the event of a break however, the euro will manage to

ATE reveals hedge fund exposure

ATE Bank revealed that it has invested up to EUR 800 mln in some relatively higher risk instruments in an effort to raise total portfolio return. These are multi-structure instruments, a large