Link copied to clipboard
Euro falls to $1.41 from $1.44 on bank fears
The euro fell 2.5 percent vs the U.S. dollar, its biggest one-day drop ever, after Germany, Holland-Belgium, and the UK had to bail out banks.
The euro fell 2.5 percent vs the U.S. dollar, its biggest one-day drop ever, after Germany, Holland-Belgium, and the UK had to bail out banks, raising fears of more losses to come. The dollar rose by comparison because U.S. bank losses are better understood. Bloomberg story here.