The euro and oil fell on Tuesday while European shares were largely flat as renewed worries over political risks in the euro zone trimmed demand for riskier assets for a second day.
A rise in political uncertainty in Spain, where the prime minister is facing calls to resign, and in Italy, which holds a general election later this month, provoked a big sell off on Monday, ending a solid new year rally.
The euro, which has taken the brunt of the selling, had risen 2.3 percent against the U.S. dollar this year to a high of just over $1.37 on Friday, before the selloff began and was down 0.4 percent at $1.3460 in early European trade.
- 3Ukraine Fighting Surges as Russian-Backed Forces Gain
- 3U.S. Stocks Rise, Poised for Best Month Since February
- 3Draghi dials R for Reform. Line is busy
- 3Euro Set for Seventh Weekly Decline as Regionâ€™s Inflation Slows | Top Forex Brokers
- 3Kiev says Russian troops have entered eastern Ukraine
- 2Pending home sales climb 3.3% in July to reach 11-month high
- 2U.S. Stocks Drop on Ukraine Conflict, Retailer Earnings
- 2Yen Gains on Haven Bid Amid Ukraine Tension; Euro Drops
- 2Dollar General says committed to Family Dollar deal
- 2Crisis deepens as Ukraine says Russian troops back rebel advance
Become Our Fan
apple asia stocks asian stocks australian dollar bernanke boj china dollar draghi ecb economy eur eur/usd euro euro zone europe stocks european central bank european stocks eurozone eurusd facebook fed federal reserve forex forex news forex trading fx gbp/usd gold google greece imf obama oil pound spain stock stock market stocks swiss franc u.s dollar u.s. dollar u.s. economy u.s. stock u.s. stock futures u.s. stocks us dollar usd wall street yen