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Director / Editor: Victor Teboul, Ph.D.
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Euro Falls to Near 12-Year Low Against US Dollar

Europe's euro currency tumbled again Tuesday, falling close to a 12-year low against the dollar. The single currency used in the 19-nation eurozone dropped to $1.07, the lowest point since April 2003, and far off its high point at more than $1.60 in mid-2008. The value of the euro has been dropping for weeks in lockstep with the weak European economy and advancing U.S. fortunes.  European investors and officials are also worried that negotiations over Greece's bailout may...


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