Euro Slides on foot of Tallies
Read more about: Lisbon Treaty
LONDON (AFP) — The dollar rose against the euro and the yen on Friday amid a Group of Eight finance meeting in Japan, with analysts keen to see whether ministers will back US efforts to strengthen the dollar.
The euro, meanwhile, was pressured by growing concerns that Irish voters could reject a crucial European Union (EU) referendum on the Lisbon Treaty.
The European single currency fell to 1.5395 dollars in early London trading from 1.5435 in New York late on Thursday.
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As can be seen from this graph, the currency movement today is not larger than the changes in recent days. I’m not saying there was no connection with the tally news from Ireland, but it shouldn’t be overestimated:
http://uk.finance.yahoo.com/currency/convert?from=EUR&to=USD&amt=1&t=5d