Ireland'S Debt Worries Were More Than G20&Nbsp; &Nbsp; &Nbsp; The Euro Was Heavy Last Week.

Last week, investors were right.

Last Thursday to Friday, the G20 summit was held in South Korea. The G20 communique shows that leaders of the world have temporarily shelved economic policy disputes, breaking the consensus that will lead to currency war tensions, and allowing countries with large capital inflows to take control measures. The communiqu also indicates that leaders believe that the exchange rate should be more determined by the market and avoid currency competitive devaluation.

However, last week, the attention of foreign exchange market has shifted from the US dollar to the euro, and some rumors about Ireland have led to market volatility.

Last Friday, there was news that Ireland was negotiating with the European Union for emergency assistance, and said Ireland would probably get funding from the EU aid program.

For this rumor, Juncker, chairman of the Irish government and the euro group, has come up with a rumor. Juncker said Ireland has not applied for assistance at present, and he has discussed with the relevant officials about Ireland's financial and economic problems in recent two days, and said it will closely follow the situation in Ireland.

Last week Ireland's 10 year treasury bond yield rose sharply, and investors worried that Ireland would repeat its mistakes in the first half of this year.

Greece's fiscal problems fell to 1.18 in the first half of this year against the dollar.

But whether Ireland will become Greece in the first half of the year, analysts' opinions are not unified. Some people think that Ireland's problem is the further development of the euro zone debt crisis, but others think there is no clear indication that Ireland's situation will be as bad as Greece's.

Last week's closing data showed that the euro had closed at 1.3690 against the US dollar, a 1.3576 low since September 30th, and the euro rose to 1.4200 above the dollar in the previous week.