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EC: euro plunges to fresh multi-week lows
 
In early European deals, the 16-nation currency weakened across the board, hitting fresh multi-week lows.

Against the Swiss franc the euro hit fresh multi-week low of 1.3107 against the franc at 3:00 am ET Monday. EUR/CHF pair is currently worth 1.3131.

EUR/GBP rally slid to 0.8145 at 3:30 am ET in early European deals today. The pair is currently quoted near 0.8165.

At about 3:40 am ET Monday the single currency slumped to the low of 108.25 versus the Japanese unit. At present EUR/JPY rally is trading at 108.50.

The euro also bounced back against the dollar during this time. At present, EUR/USD rally is worth 1.2710, up from 1.2683 at 3:40 am ET.



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