Euro hovers just above 11-month low

UPDATE: The euro traded 0.2 per cent from an 11-month low against the dollar and at a 10 month low against Sterling.

14th December, 2011
Euro hovers just above 11-month low
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The euro traded 0.2 per cent from an 11-month low as European nations prepare to sell bonds amid concern the region’s debt crisis is far from resolution.

A short time ago, the euro traded at $1.3039, Yesterday it touched $1.3009, its lowest level since January 12th.

The pound sterling extended an advance against the euro, trading at less than 84 pence versus the euro for the first time since Feb. 22. Sterling appreciated 0.3 per cent...

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