Forex News - Worries over European bank capital, a mixed reception for a French bond auction, and a pair of positive U.S. economic reports sent the euro below $1.28 to its lowest in nearly 16 months.
The euro EURUSD -1.15% fell as low as $1.2783 — its weakest since September 2010, according to FactSet — and recently traded at $1.2795, down from $1.2939 late Wednesday in North American trading.
The euro EURJPY -0.61% dropped 0.6% against the Japanese yen, to ¥98.64, trading at levels last seen a decade ago.
