Currencys three-month rally runs up against a deepening credit crunch in Europe.

ECB seen edging toward some version of Feds quantitative easing.

ECB seen edging toward some version of Feds quantitative easing.

Greek vote fails to convince investors that politicians can contain European debt crisis.

Greek vote fails to convince investors that politicians can contain European debt crisis.

Spains 10-year yield hits euro-era record after Moodys downgrade.

Spains 10-year yield hits euro-era record after Moodys downgrade.

Currency weakens on pessimism about the outcome of todays EU summit.