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Monday, January 5, 2015

Euro sinks to nine-year low against dollar

Eurozone beset by fears of deflation and a Greek exit is in sharp contrast with soaring US economyThe euro sank to a nine-year low against the dollar on Monday as the beleagured eurozone, dogged by fears of deflation and a Greek exit from the currency bloc, was throw into sharp contrast with a soaring US economy.In a busy day of trading the single currency dipped below $1.19 to a level not seen since December 2005, before recovering slightly. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com