Single currency lost some ground to greenback on Monday

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Source: Marketwatch
The Euro lost some ground versus the U.S. dollar as investors are getting more pessimistic about ECB's policy actions later this week. The shared currency dropped by 0.4 per cent to $1.2251, from Friday's $1.2320. On the contrary, the ICE dollar Index added 0.42 per cent to 82.895, and the WSJ dollar Index increased by 0.28 per cent. On Thursday, the European Central Bank's monthly meeting and Mario Draghi's press conference are scheduled, while the Fed meeting starts on Tuesday.
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Mon, 30 Jul 2012 18:10:48 GMT

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