BR100 Increased By (0.02%)
BR30 Decreased By (-0.25%)
KSE100 Increased By (0.08%)
KSE30 Increased By (0.07%)
AGHA 6.71 Increased By ▲ 0.03 (0.45%)
BECO 4.36 Decreased By ▼ -0.01 (-0.23%)
BML 57.00 Decreased By ▼ -0.32 (-0.56%)
BOP 30.37 Increased By ▲ 0.02 (0.07%)
CNERGY 13.10 Decreased By ▼ -0.02 (-0.15%)
CSIL 5.34 Decreased By ▼ -0.07 (-1.29%)
FCCL 52.76 Decreased By ▼ -0.03 (-0.06%)
FFL 14.64 Decreased By ▼ -0.08 (-0.54%)
FNEL 1.13 Increased By ▲ 0.01 (0.89%)
KEL 6.16 Increased By ▲ 0.07 (1.15%)
KOSM 6.15 Increased By ▲ 0.42 (7.33%)
LOTCHEM 26.50 Increased By ▲ 0.04 (0.15%)
MLCF 93.20 Increased By ▲ 0.04 (0.04%)
NBP 164.99 Increased By ▲ 0.33 (0.2%)
NCPL 55.67 Increased By ▲ 0.01 (0.02%)
NPL 60.83 Decreased By ▼ -0.33 (-0.54%)
OGDC 315.80 Decreased By ▼ -0.93 (-0.29%)
PACE 9.96 Increased By ▲ 0.09 (0.91%)
PAEL 35.60 Decreased By ▼ -0.03 (-0.08%)
PIBTL 14.82 Increased By ▲ 0.14 (0.95%)
PPL 224.50 Decreased By ▼ -2.41 (-1.06%)
PRL 92.95 Decreased By ▼ -0.07 (-0.08%)
PTC 60.35 Increased By ▲ 0.09 (0.15%)
SSGC 23.85 Increased By ▲ 0.04 (0.17%)
TBL 8.80 Increased By ▲ 0.05 (0.57%)
TELE 7.81 Increased By ▲ 0.01 (0.13%)
TPL 22.34 Decreased By ▼ -0.01 (-0.04%)
TPLP 12.80 Decreased By ▼ -0.17 (-1.31%)
TREET 22.15 Decreased By ▼ -0.01 (-0.05%)
TRG 56.74 Increased By ▲ 0.18 (0.32%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Markets

Euro slides to two-month low vs US dollar

NEW YORK : The euro accelerated its fall on Thursday, sliding to two-month lows against the dollar as European Central B
Published Updated
Save
1 min
Comments
By Imad Uddin
Add BRecorder as a trusted
source on Google
Google Preferred Source

NEW YORK: The euro accelerated its fall on Thursday, sliding to two-month lows against the dollar as European Central Bank President Jean-Claude Trichet said growth risks in the euro zone economy have shifted to the downside.

That wasn't the case a month ago when he perceived the growth risks as more balanced.

Traders said stop losses were triggered below $1.3970, with the euro falling to $1.39430 on trading plaform EBS, its lowest since July 12. It was last at $1.39720, down 0.9 percent.

 

COPYRIGHT REUTERS, 2011

 

Comments

Comments are closed for this article.

More Stories

Browse all stories