Euro hits lowest versus dollar

Posted by 7Star Friday, January 22, 2010

The euro hit its weakest against the dollar in nearly six months on Thursday, stung by concerns over Greece and other peripheral eurozone countries, while a recent breach of key technical levels added to selling momentum. Ongoing weakness in the single European currency prompted a broad rise in the dollar, which extended this week's winning streak and hit a 4-1/2-month high against a currency basket.

0 comments

Post a Comment

Labels

Followers

Archive

BlogCatalog