Renewed Concerns Over Euroland’s Sovereign Debt Problem Weighed Down The Euro
The euro fell from a five-month high against the US dollar on renewed concerns over the sovereign debt problems after
one of Ireland’s largest and most troubled banks was downgraded and political infighting raised doubts about Portugal’s
austerity plans. The euro weakened against 12 of its 16 most-traded counterparts.
Tracking The World Economy... - 28/09/2010
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