EURO FALLS BELOW $1.25 ON GREEK FEARS
The euro fell below $1.25 for the first time in nearly two years Friday on concerns that Europe won't be able to keep Greece in the single currency union.
The euro fell to $1.2518 late Friday from $1.2525 late Thursday. The euro fell as low as $1.2495 in morning trading, its lowest level since July 2010. It fell 2 percent this week and over 5 percent so far this month.
Traders are concerned that Greece will have to leave the euro if parties opposed to the terms of the country's financial rescue win an election next month. Those parties were favored in early May, but Greek leaders were unable to form a new government.
- Associated Press
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