FB: Euro back above $1.30 as markets eye debt crisis
BERLIN -- The euro is clawing its way above $1.30, a day after jittery investors sent it to new two-month lows on fears they haven't seen the worst of Europe's debt crisis.
The currency used by 16 nations - two of which have been bailed out this year - edged up to $1.3036 in early Wednesday trading from $1.3011 late Tuesday, when it slid as low as $1.2968.
The euro has has shed 10 percent of its value since early November as Ireland joined Greece in seeking emergency financing. Investors now worry Portugal or even Spain may be the next needing help.
In other currencies, the British pound dipped to $1.5566 from $1.5570 late Tuesday, while the dollar held largely steady at 83.65 Japanese yen.
