Euro Marks 4th Losing Day Against Dollar

The euro slipped to $1.4283 at 8:06 a.m. in New York, from $1.4384 yesterday, and traded as low as $1.4263, its weakest level since Jan. 4 and marking its fourth straight day of losses against the US dollar.

“The euro zone is probably going to trail behind the recovery in other major economies,” said Toshi Honda, a strategist in London at Mizuho Corporate Bank Ltd. “We are not short of excuses to sell the euro.”

Bloomberg

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