Euro Falls 1% below $1.5 as Stocks Stumble
November 27th, 2009
The European currency declined sharply in holiday-thinned trade on Thursday as renewed risk aversion prompted investors to shed riskier assets. The EUR hovered near the day’s low of $1.4960 down 1.1% on the day. The currency also hit a near 2-month low against the Japanese yen at 129.52 yen. The EUR extended losses as ratings [...]