Asian Session – Euro drops to six-week low
Posted on February 21, 2013 at 6:59 am GMTEuro slid for the second day against the dollar, extending losses in the Asian trading session on Thursday. Yesterday the euro fell to a four-week low of $1.3273, after the dollar was boosted in reaction to the FOMC minutes which showed some Fed officials even suggested ending QE (quantitative easing). The US Federal Reserve released the minutes of the January FOMC meeting which indicated that the Fed could slow or even stop buying assets before seeing the pickup in hiring. [..]