The euro slumps to its lowest level in a month following the EU recession deepening in Q4....

|By:, SA News Editor

The euro slumps to its lowest level in a month following the EU recession deepening in Q4. Germany (EWG -1.9% premarket) contracted 0.6% in Q4 - its worst performance since the financial crisis, primarily because of slowing exports. One shakes one's head at the euro's powerful 2013 rise - it made no sense other than to carry out euro shorts on a stretcher. FXE -0.9% premarket.