The Euro Dropped to a 2 Year Low

The euro fell to a two-year low against the dollar, which would be its worst quarter since 2010.

Consumer prices in the euro region rose an annual 0.3 percent in September, following a reading of 0.4 percent in August, the European Union’s statistics office in Luxembourg said today.

The euro “is looking remarkably sickly,” said Jeremy Stretch, head of foreign-exchange strategy at Canadian Imperial Bank of Commerce in London.

 

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