Bloomberg News

Euro Declines on Speculation Sovereign Debt Crisis Will Spread

July 27, 2011

July 28 (Bloomberg) -- The euro weakened for a second day against the dollar and the yen on speculation the region’s sovereign-debt crisis will keep spreading.

The single currency dropped to $1.4335 as of 11:28 a.m. in Tokyo from $1.4369 yesterday in New York. It declined 0.3 percent to 111.74 yen.

To contact the editor responsible for this story: Nicholas Reynolds at nreynolds2@bloomberg.net


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