The euro is close to the lowest level in two months

The euro fell to its lowest level in two months on Friday after the European Union criticized Italy's spending plans, raising further concerns over the confusion in the eurozone.
The euro fell to its lowest level at 1.1433 dollar, close to a trough of 1.1432 dollar last month, reaching 9th October.
Italy is the third economic power of the 19 countries of the euro zone and a crisis could put the whole region in crisis.
The dollar index, which tracks the greenback's performance against major currencies, rose 0.2% to 96,091 on Friday, close to the two-month high of 96.155.
At the same time, the pound sterling rose to 1.3038 USD, up 0.1% from the euro, to 87.9 pence, and the yen lost 0.23% against the dollar Friday to trade at 112.48 yen. The Chinese yuan traded at 6.9420 yuan, down 0.1% against the dollar.
Gold prices in the metals markets stabilized on Friday with new political and economic concerns, notably China's weak growth, and pressure on Asian equities as the metal moved towards gains for the third week in a row.
Gold rose 0.1% in spot trading, to $ 1226.44 an ounce. The metal is up 0.7% this week.
Futures on US gold rose 0.1% to 1230.9 dollars an ounce.
Among other precious metals, platinum rose 0.7% to $ 831.10 an ounce, but declined 0.8% during the week.
Palladium rose 1.22% to $ 1083.60 an ounce yesterday, bringing its gains to 1% this week. Silver rose 0.4% to $ 14.61 an ounce. (Reuters)