Monday, June 15, 2015

Euro under pressure with Greece's debt talks stumble


LONDON (Reuters) - The euro fell on Monday to its lowest level in nearly two weeks against the Swiss franc, considered a safe haven after attempts to break the deadlock between Greece and its creditors failed over the weekend.
The talks, which took place on Sunday, one hour did not last, indicating significant differences between the two sides.
The euro slipped to 1.0422 Swiss francs, its lowest level since the third of June, then improved to 1.0465 thus stable compared with the previous close. The single currency fell 0.3 percent to $ 1.1230 to stray more from a peak last week of $ 1.1387.

And the euro helped the dollar index losses to rise 0.2 percent to 95.167 and away from its lowest level in nearly a month 94.322 hit last week. The US currency rose 0.2 percent to 123.58 yen.
CITATION FROM REUTERS EDITION :http://goo.gl/k6FPNN

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