Euro Stocks Are Cheap-and Getting Cheaper.

The article offers an outlook on European investments as of June 4, 2012. While the fall in the value of the euro has reportedly made European stocks cheaper, the political risk is deemed too high for a Buy recommendation. The next support level for the euro is seen at 1.21 U.S. dollars which could fall further in the short term according to traders. It believes that a cut in the European Central Bank's key interest rate, which stands at one percent, could ease the euro's decline.