Euro Hits 10-Month Low

The headline in WSJ screamed “Euro Hits 10-Month Low” at $1.34. Does not look so good for EU countries. British pound doesn’t fare very well either, it is at $1.49. The woes at Greece and now with Portugal heading that way doesn’t bode well for EU countries. Portugal’s rating downgrade by Fitch weighing heavily down on the Euro over all.

Last Updated on March 24, 2010 by SK

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