Monday, June 11, 2007

Euro Mostly Choppy On Monday Afternoon Against Counterparts, Monday, June 11, 2007 2:13:28 PM

The euro was choppy against its American and British counterparts in trading on Monday afternoon in New York, while it saw some strength against the yen. The currency moved as little economic news was released from the area.

The euro was choppy against its American counterpart on Monday afternoon. The currency moved between a high of 1.3358 and a low of 1.3335. On the whole, the European currency is at a two month low against the American dollar.

In trading with the pound, the European currency saw little direction on Monday afternoon. The euro bounced between a high of 0.6786 and a low of 0.6779. Overall, the euro is near a weekly low against its British counterpart.

Against the yen, the euro saw some strength in trading on Monday. As action headed into the afternoon, the currency edged up to a mark of 162.65. In general, the European currency has moved little against the yen since last Wednesday, keeping near a three week low.
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