Euro set a record: the currency reached its lowest level against the dollar over the past 4 years. This caused concern for the state of the European economy.
Euro against the dollar - 1.2112. Below that mark the euro fell in April 2006 - 1.2029 U.S. dollars.
Thus the U.S. dollar has traditionally remains the most reliable reserve currency.
On Monday, U.S. financial markets and the UK were closed in on Tuesday the British pound sterling rose after the holidays.
Euro against the dollar - 1.2112. Below that mark the euro fell in April 2006 - 1.2029 U.S. dollars.
Thus the U.S. dollar has traditionally remains the most reliable reserve currency.
On Monday, U.S. financial markets and the UK were closed in on Tuesday the British pound sterling rose after the holidays.
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