Reuters: US Dollar Report: Euro drops to 4-month low versus 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 drops to 4-month low versus dollar Mar 27th 2013, 07:56 LONDON, March 26 | Wed Mar 27, 2013 3:56am EDT LONDON, March 26 (Reuters) - The euro fell to a four-month low against the dollar on Wednesday as hedge funds sold on growing concerns that private investors would be burdened with hefty losses from future euro zone bailouts. Those worries have mounted after a weekend deal to bailout Cyprus. The euro fell past reported option barriers at $1.2825 to drop to its lowest in four months at $1.28175, down 0.3 percent on the day. Asian bids are cited at $1.2800, traders said. So far this year, the euro has shed nearly 3 percent against the dollar as the euro zone debt crisis returned to investors' radar.

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