FOREX-Euro slides for 2nd straight week as Ireland weighs
Dec-17-2010--NEW YORK - The euro declined for a second straight week against the dollar on Friday and may extend losses after a multi-notch downgrade of Ireland's credit rating affirmed the severity of the euro zone debt crisis. The euro slid to a two-week low around $1.3133, with near-term support seen at $1.3104, its 200-day moving average on electronic trading platform EBS.
A break below could see the currency retest the $1.30 level and drop toward its December low of $1.2970, traders said.EU shocked by Irish debt downgrade
Dollar Rises After Moody's Downgrade of Ireland
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