Euro falls to three-month low over alarm on developing Greek crisis

Independant Tuesday 8th May, 2012

The euro plunged to a three- month low against the dollar and the Greek stock market plunged as markets digested the weekend elections in France and Greece yesterday.The voter backlash against austerity in Greece and France initially shook Asian and European markets.Asian exchanges closed down early in the day, and shares on the major European stock exchanges yo-yoed in volatile trading yesterday.The biggest action was in the currency markets, wh...

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