Wednesday, December 14, 2011

Euro Skids to 11-Month Low vs Dollar, Fed Weighs

Euro Skids to 11-Month Low vs Dollar, Fed Weighs
Published: Tuesday, 13 Dec 2011
By: Reuters

The euro dropped to an 11-month low against the dollar Tuesday, weighed down by fears of more rating downgrades in the euro zone, with the greenback supported by reduced expectations of further monetary easing following the Federal Reserve's less pessimistic assessment of the U.S. economy.

http://www.cnbc.com/id/45646153

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