Amount

Euro Weakens as Italian Bonds Fall After Deadlock on Greek Talks

Posted by Forexsq 178 days ago (http://www.bloomberg.com)

The euro weakened against the dollar for the first time in three days and Italian bonds fell after the region’s finance ministers failed to agree on a debt- reduction package for Greece. The dollar strengthened against the yen while copper led metals lower.

The euro declined 0.2 percent to $1.2784 at 10:03 a.m. in London. The dollar appreciated to more than 82 yen for the first time since April after Japan’s exports fell more than expected. Italy’s 10-year bond yield climbed three basis points to 4.88 percent. The Stoxx Europe 600 Index (SXXP) was little changed, while futures on the Standard & Poor’s 500 Index slipped 0.1 percent. Copper lost 0.9 percent. forex