The euro with its low since April 2006

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Whereas the crisis - as well economic as financial - launched a new attack this Monday on the Bourse de Paris, the euro begins the week one cannot more badly.

Reasons of such a tumble: fears one cannot persistent any more of recession and the action of the funds which while repatriating what can be still repatriated support the green ticket

The European currency touched Monday towards 08:30 GMT (09H30 in Paris) one low to 1,2367 dollar, passing for the first time since April 26, 2006 under 1,24 dollar. ( Finance Information City )

The euro knows an important volatility on the foreign exchange market, with variations from several hundreds in a few hours.

The last sermaine, the single currency had been already the victim of an irresistible unhooking compared to the dollar, losing 2 to 3 hundreds per day. Since its record of last July 15, to 1,6038 dollar, the euro did not cease moving back and lost nearly a quarter of its value.

The other currencies follow the same tendency except the yen which shows on the contrary a solid resistance, confirming its attraction of value-refuge.

Admittedly, the Japanese government revealed a new package of anti-crisis measurements, but this last does not seem to have had any effect on the markets. Tokyo Stock Exchange has finished with its low for 26 years, while the yen hardly changed position.