Euro skids toward fifth weekly fall but selling pressure slows
SINGAPORE: The euro was headed for a fifth straight weekly drop on Friday , though there were signs the selling streak was losing momentum as France’s tumbling debt market stabilised and a decline in US yields took some steam out of the dollar’s rally. The...
SINGAPORE: The euro was headed for a fifth straight weekly drop on Friday , though there were signs the selling streak was losing momentum as France’s tumbling debt market stabilised and a decline in US yields took some steam out of the dollar’s rally. The common currency had hit a 17-month low of $1.1161 on Monday on market worries about France’s record high debt load and the difficult political path to budget cu...