Euro and Swedish Krona drop after shrink in manufacturing and service

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Source: Bloomberg
© Scanpix/AFP
The Euro declined to the lowest in two weeks versus the greenback after a report indicated that region's services and manufacturing output plummeted for a 15th month. The shared currency fell 0.6% to $1.2985, the lowest since April 8 and slid 1.2% to 128.16 Yen. Meanwhile, Japan's currency advanced 0.5% to 98.69 per greenback. In addition, due to unexpected increase in nation's unemployment rate, Sweden's krona declined to the lowest in four months reaching 6.53 SEK per greenback.

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Tue, 23 Apr 2013 12:52:04 GMT

Pound falls against Dollar before manufacturing orders report

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