Euro Down To One-Week Low Against The Dollar (ULE)
The euro is down in trading today as worries about the crisis in Greece increased. The 16-nation currency reached a fresh one-week low against the U.S. dollar.
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The euro was down 0.4% to 1.3337 against the dollar and 0.4% to 125.08 against the Japanese yen. The euro fell by 1.2% against the Japanese yen on Tuesday. In New York, the ProShares Ultra Euro (ETF) NYSEULE closed at $26.27 in trading on Tuesday.
Stuart Bennett, senior FX strategist at Credit Agricole, said, “"Renewed uncertainty over Greece is hurting an already jittery euro."
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