Reuters: US Dollar Report: Euro hits fresh 2-yr low versus safe haven dollar

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Euro hits fresh 2-yr low versus safe haven dollar Jul 23rd 2012, 08:10 LONDON, July 23 | Mon Jul 23, 2012 4:10am EDT LONDON, July 23 (Reuters) - The euro extended losses to hit a fresh two-year low against a broadly stronger dollar on Monday on concerns Spain may need a full sovereign bailout that sent peripheral bond yields sharply higher and drove investors to sell the single currency. The euro fell around 0.6 percent on the day against the dollar to $1.20821 on trading platform EBS, its lowest level since June 2010. Demand for safe haven currencies pushed the dollar to a 19-month high versus the Swiss franc of 0.9939 francs. The dollar index hit a two-year high of 83.835.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions