Reuters - The euro tumbled against the dollar on
Monday after European Union leaders failed to agree on a
long-term budget, deepening a crisis triggered after French and
Dutch voters rejected a proposed EU constitution. In early
Asian trade, the euro shed about one cent, halving the gain
made on Friday when it hit a nine-day high as a record U.S.
current account deficit sapped appetite for the dollar.{br}{br}View the Entire Article{br}{br}Click Here to Launch in a new Window
Monday after European Union leaders failed to agree on a
long-term budget, deepening a crisis triggered after French and
Dutch voters rejected a proposed EU constitution. In early
Asian trade, the euro shed about one cent, halving the gain
made on Friday when it hit a nine-day high as a record U.S.
current account deficit sapped appetite for the dollar.{br}{br}View the Entire Article{br}{br}Click Here to Launch in a new Window
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