Portugal’s Debt Downgrade is So Damaging for Euro
March 24, 2010 at 11:13 AM EDT
With rating agency Fitch downgrading Portugal’s sovereign debt rating and Germany continuing to whine about bailing out Greece, who can blame forex traders for dumping euros? A flight to quality pushed the euro to a 10 month low against the U.S. dollar and now there is no major support in the [...]
