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Monday, May 11, 2015

Euro Falls 3rd Day as Greek Financial-Aid Deal Remains Elusive

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:01 PM No comments


The euro fell for a third day on speculation European finance ministers meeting in Brussels are far from an agreement to bail out Greece and preserve the currency union.
The euro dropped 0.4 percent to $1.1155 as of 5 p.m. in New York, after touching $1.1392 on May 7, the highest level since Feb. 23.
The yen gained against most of its top 16 peers on haven demand as U.S. stocks and crude fell. Japan’s currency rose 0.2 percent to 133.96 per euro, and dropped 0.3 percent to 120.11 per U.S. dollar.
Source: Bloomberg

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