MW:Euro drops to two-week low amid euro-zone concerns
By Sara Sjolin
LONDON (MarketWatch) -- The euro fell to a more than two-week low against the dollar in midday action on Wednesday, as concerns over growth in Spain and Greece's future in the euro zone weighed on markets. The euro EURUSD -0.40% fell to $1.2860 from $1.2899 in late trade on Tuesday. Other risk assets in the euro zone also tumbled, with yields on 10-year Spanish government bonds ES:10YR_ESP +3.90% climbing closer to 6%, while the Stoxx Europe 600 index XX:SXXP -1.52% tanked 1.4% to 271.96. The ICE dollar index DXY +0.32% , which measures the greenback against a basket of six rival currencies, rose to 79.852 from 79.673 late the previous day. Against the Japanese yen USDJPY -0.10% , the dollar edged up to 77.70 yen from 77.79 yen in late trade Tuesday.
