Euro Declines –

The Euro declined more than 2% this week and traded below $1.25 on Friday.  The last time that the Euro traded at this level was July 2010.  Elections will be held in Greece on June 17th and the results are likely to have an impact on the Euro.  The U.S. Dollar also rose against the Japanese Yen, Swiss Franc, and Canadian Dollar.

To read a related Bloomberg Businessweek article, please click here:

Jim Sutliff

This entry was posted in Banking, Currency, Economic News, Euro, General, Investments, Options & Futures, Political News, Trading. Bookmark the permalink.