Updated on
Summary
The euro remained under pressure in Asia on Tuesday after recovering slightly from a four-year low on persistent worries over European debts. The euro is bought in $1.23 in currency markets. Eurozone finance ministers met in Brussels on Monday, battling to defend the euro but with no obvious agreement on tactics to slash spending. Situation remained fragile despite an EU-IMF rescue package worth almost one trillion dollars designed to prevent the Greek crisis from spreading.
