U.S. dollar falls against euro

08:33, July 14, 2010      

Email | Print | Subscribe | Comments | Forum 

The U.S. dollar fell against the euro on Tuesday as concerns on Europe's debt problem eased.

The dollar rose against the euro Tuesday morning after Moody's said it had downgraded Portugal's debt rating, citing the country' s deteriorating public finances and weak growth prospects.

The greenback weakened later against the euro as concerns for the health of the eurozone eased when Greece successfully raised funds on the bond market just two months after an EU-IMF bailout averted a national bankruptcy.

The euro rose to 1.2702 dollars from 1.2598 dollars late Friday.

The British pound rose to 1.5156 dollars from 1.5033 dollars in late trading.

The dollar rose to 88.57 Japanese yen from 88.54 yen on Monday, while fell to 1.0562 Swiss francs from 1.0600 francs, and fell to 1.0324 Canadian dollars from 1.0371 Canadian dollars.



  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • On Sept. 28, tourists travel around the Mingshashan Scenic Area in Dunhuang, Gansu province by camel. With the National Day vacation right around the corner, more and more tourists from home and abroad are going to Dunhuang. Riding on a camel, they travel in the desert to enjoy the cities rare form of natural scenery. (Xinhua/Zhang Weixian)
  • Chinese forest armed forces work together with forest firefighters on Sept. 28. (Xinhua/Chai Liren)
  • Photo taken on Sept. 29, 2011 shows strong wind blows trees in Sanya, south China's Hainan Province. Typhoon Nesat heads towards south China and is moving at an average wind speed of 20 km per hour toward the west coast of China's Guangdong Province. (Xinhua/Hou Jiansen)
  • A fallen tree is seen on a road in Qionghai, south China's Hainan Province, Sept. 29, 2011. Typhoon Nesat was predicted to land in Hainan later Thursday, bringing heavy rainfalls to the island. (Xinhua/Meng Zhongde)
  • Arash Kamalvand (L) of Iran spikes the ball during the semifinal against South Korea at the 16th Asian Men's Volleyball Championship in Tehran, Iran, Sept. 28, 2011. Iran won 3-1 to advance to the final. (Xinhua/Ahmad Halabisaz)
  • A man visits "Thy Word Is Truth, the Bible Ministry Exhibition of the Protestant Church in China", during its opening at Mount Vernon Place United Methodist Church in Washington DC, capital of the United States, Sept. 28, 2011. Through the Bible's various Chinese versions, ancient or modern, as well as pictures, paintings, calligraphy, art works and historical documents, the exhibition was expected to give an overall understanding of how Bible was brought into China, how it was translated, published, distributed and loved. (Xinhua/Zhang Jun)
Hot Forum Discussion