Euro down to its 2-week low on uncertainty about the euro area

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The euro hit a two-week a low against the greenback on the uncertainty about Greece and its budget reforms. The single currency dropped 0.2% to $1.27635 touching its lowest level in 2 months and staying far below its $1.3179 high in September. Latest decrease prompted euro to keep within a trading range $1.27635 - $1.31729. The experts say investors are losing their optimism in resolving the eurozone turmoil.