After the breakdown of the Bretton Woods system of fixed exchange rates in 1973 the Deutschmark emerged as the benchmark currency in continental Europe.

1973年，在关于固定汇率的布雷顿森林体系崩溃以后，德国马克成为了欧洲大陆的基准货币。

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If the continental currency can regain the upward momentum next week the first level of resistance looks to exist near the 1.3000 level.

FORBES: Euro's Rocket Ride Fizzles Near $1.30

Once the figures came out that Portugal was able to raise 943 million euro in the 5-year bond auction, 143 million euro more than expected, the continental currency showed some strength.

FORBES: Portugal's Debt Raise Should Bolster Euro

There were no major economic announcements out the euro area today and while there was another positive debt auction, this time in Spain, that has helped push the continental currency higher some caution may be warranted for euro bulls.

FORBES: Loonie Slips With Crude, Euro Levitates