Euro Weakened, to the Range Lowest in 8 Months on Dollar
AdvertisementIn today’s trading was the value of the dollar-euro exchange rate experienced a significant decrease (08.02). European currency was increasingly depressed and weakened to the lowest range in eight months against the dollar, amid speculation that the budget deficit in some EU member states will be expanded.
At the end of last week’s G7 officials have committed to maintain the stimulus policies despite the budget deficit haunted. This condition is feared to further worsen the condition in the state budget, EU member states currently fiscal condition was critical.
In trading today on the euro was 1.3630 dollars a position. The position of the euro today was decreased compared to the close of trading early this morning in the level of 1.3656 dollars. Friday night and the euro had weakened to the lowest level in eight months in the position of 1.3585 dollars.
February 8, 2010 10:17 pm 
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