The Euro fell below $ 1.36, its lowest level since mid-October, before settling at $ 1.36. Wednesday in early afternoon, the euro fell to $ 1.3581.
The fall of the Euro is weighed down by the renewed concern about a contagion of Italy debt crisis, despite the announcement of the resignation of Prime Minister Silvio Berlusconi by the Italian presidency of the republic Tuesday night.
Silvio Berlusconi announced he would resign after the adoption in Parliament of measures to avoid contagion from the debt crisis in Italy.
The announcement of the departure of the Cavaliere, 74, was immediately welcomed by the market but Berlusconi won’t left office before the vote of the austerity measures in mid-November next.