Euro Weakens as Treasury-European Yield Gap Widens
The euro is falling against the dollar due to a widening yield gap between U.S. Treasurys and European government bonds, according to XS.com analyst Simon-Peter Massabni. This is occurring despite positive economic indicators in the eurozone.
com's Simon-Peter Massabni said in a note. "The divergence between strong eurozone fundamentals and a weak single currenc…"