Worries about Italy and dollar hype are putting pressure on the euro

The budgets of the new government in Italy cause trouble in the foreign exchange market. The euro lost 0.2 percent on Friday to $ 1,1773. Debate discussions or a euro exit irritated investors and sparked worries over monetary union, analysts said. The rising interest rate discrepancy between the euro zone and the US is also increasingly affecting the foreign exchange market.
News / Graphic: SaxoTrader