Latest News on Currencies

Euro falls to seven-month low against dollar Fears over escalation of eurozone sovereign debt crisis undermine the single currency. Hopes for Italy boost euro A late rally in the euro on hopes that China might buy Italian debts boosted risk appetite Vienna furious at Hungary plan for mortgage reprieve Budapest's move to let citizens wind up Swiss franc-denominated loans at preferential exchange rate 'poses existential threat to Austrian banks' Looking beyond the dollar's pop Let's be clear folks, the recent sharp rise does not mean the world has suddenly fallen in love with the greenback Asia falls as euro sinks to 10-year low Asian stocks slide and euro suffers amid doubts after top German resigns from ECB board