Reuters logo
5 years ago
Euro/dollar hits 3-mth low after French, Greek elections
May 6, 2012 / 10:36 PM / 5 years ago

Euro/dollar hits 3-mth low after French, Greek elections

TOKYO, May 7 (Reuters) - The euro fell to three-month low against the dollar and the yen on Monday after Greek voters mauled pro-bailout parties while the French ousted incumbent Nicolas Sarkozy, a key architect of bailout measures for indebted countries and an advocate of austerity measures.

The euro fell to as low as $1.2978, its lowest level since mid-February, with $1.2950 seen as a major support for the currency pair. The euro also fell to 103.52 yen. (Reporting by Hideyuki Sano)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below