Thu, Dec 18, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

Euro dips below $1.30; ECB meeting in sight

Posted on 05 March 2013

The euro slipped against the dollar Monday as caution ahead of a round of monetary policy meetings this week pushed the currency to its lowest level against the greenback in over two months. The euro at $1.3019, down from $1.3066 late Friday.
The shared currency fell as low as $1.2981, according to FactSet data, back below the psychologically important $1.30 handle, with concerns about a downgrade of Italy’s credit rating resurfacing on Monday. Inconclusive election results in Italy last week spurred worries about political instability in the euro zone………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38515 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031