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Euro falls to 5-week low against dollar

The euro is falling against the dollar on worries that Europe’s debt crisis is spreading to other countries. Borrowing costs in Italy, Spain and France have risen this week. Higher borrowing costs are a sign that investors are worried that those countries may have trouble paying their debts. On Wednesday, the yield on Italy’s 10-year… Continue Reading Euro falls to 5-week low against dollar

Euro falls to 7-month low on fear of Greek default

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The euro has fallen to a 7-month low against the dollar on fears of a possible debt default by Greece, which uses the euro. Investors fear that Greece could default on its financial obligations as its economy worsens. Senior German officials have hinted in recent days that Greece could undergo an orderly bankruptcy to stem… Continue Reading Euro falls to 7-month low on fear of Greek default

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U.S. stock futures tumbled this morning after the euro fell to a new four-year low. Continue Reading Stock futures fall after euro hits new 4-year low

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