Euro falls on German sentiment

Posted by 7Star Thursday, January 21, 2010

The euro fell broadly on Tuesday as German investor sentiment soured while worries about Greece's finances stoked concerns that swelling deficits in the Euro zone's weaker members will keep pressure on the currency. Meanwhile, another Chinese move to tighten monetary policy hurt investor risk appetite, boosting the US dollar against both the yen and higher-yield commodity currencies.

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