Euro Down More Than 1% On Inflation And Unemployment
November 01, 2013 at 07:17 AM EDT
The euro tumbled after inflation and unemployment data provided further reason for the European Central Bank to loosen its policy even further. The common currency traded at $1.3555 at 4:52 GMT on Friday morning after slipping more than one percent on Thursday. CNBC reported that eurozone unemployment remained at 12.2