On Wednesday morning trade Euro moved
towards six-week record low as economic reports indicated Europe's fiasco to tackle
debt crisis harms Eurozone's economic growth. 17-nation currency lost 0.4% against
US dollar in London morning trade session and reached $1.3451. Ankita Dudani
RBS's strategist claims whole euro area is imprisoned by surging costs of
borrowing and absence of growth. Currently EUR/USD is trading at $1.3379.