The euro fell to yet another new four-year low falling as low as $1.2019 in by mid-day trading in Europe. The euro has weakened on worries about Europe’s growth prospects and the effects of government spending cuts being pushed through in the wake of the eurozone debt crisis.
Source: Yahoo News
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.