Euro falls below $1.3300 vs dollar, 1st in 10 mths

The euro fell below $1.3300 for the first time in 10 months on Thursday as investors remained skeptical about whether the EU will agree on a quick rescue plan for heavily indebted Greece at a summit this week, with triggered stop-loss orders exacerbating its fall.

The euro's weakness was compounded by broad strength in the dollar.

The euro fell as far as $1.3283 on trading platform EBS, the lowest since May 2009, before trading at $1.3294, down 0.1 percent on the day. >>

News - March 2010