The Euro Slumped at Lowest Level in Over 2 Months
fxbom.com
10:11 AM
On this day the euro exchange rate continued the decline that occurred since last night (13/12). The euro fell back to its lowest in more than two months against the dollar after Moody’s Investors Service stated that the revised credit rating of the European Union countries will be done.
This agency states that a meeting of EU officials late last week failed to provide appropriate measures to overcome the financial crisis in Europe. Euphoria meeting of the European Union soon extinguished as evidenced by even stronger bond yields in the countries of the European Union in trade last night.
Today the euro exchange rate against the U.S. dollar was at 1.3175 dollars a position. Today the euro exchange rate had already decreased to 1.3158 dollars to the position which is the lowest position since the 4th of October. At the close of trading this morning the euro was at 1.3184 dollars a position.
Related posts:
- Euro Difficult Position Out of the Lowest in 2 Months Against U.S. Dollar
- Euro Moves Up, Once Had Reaches Lowest Level in 2 Weeks
- Looks Euro Weakens, Still Caught in the range 2 Months Lowest
- Euro Moves Retreat After Reaches Highest in 2 Months
- Euro-U.S. Dollar weakened Move to Position Lowest Since 15 September
