The euro, touching $1.49 earlier this morning, accelerates its decline, now threatening the...

|By:, SA News Editor

The euro, touching $1.49 earlier this morning, accelerates its decline, now threatening the $1.46 level. Dovish comments by ECB head Trichet - he likely took a June rate hike off the table and praised U.S. officials for their strong dollar remarks - are having the desired effect. FXE -1.5%.