The euro has hit another four-year low against the dollar. What next for the currency?
The eurozone’s single currency fell to below $1.215 before recovering to $1.217.
The decline follows the German government’s decision to ban some types of short-selling of financial products. Analysts say that the move has led to uncertainty on the markets and added to fears for Europe’s banks.
Leaders of Europe’s eurozone single currency bloc agreed last week to set aside a trillion-dollar package to reassure markets that member states would not default on sovereign debt and to shore up the euro.
Do you agree with the German short-term selling ban? Will it have an adverse effect on the markets? Can the eurozone financial crisis be solved? Do youlive in the eurozone region?
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