It didn't take long for the currency of tomorrow to become yesterday's news.
Little more than six months ago, after gathering strength for much of 2009, the euro reached a value of $1.51. That plateau came after a British newspaper reported that Middle East oil barons were secretly plotting to abandon the embattled dollar and set their prices using a basket of several currencies, including the euro.
Europe's coin — a decade after its celebrated launch — appeared finally to have come into its own.
No one thinks that today. Instead, amid a government debt crisis that has rattled Greece and taken aim at several of its neighbors, the euro — now worth $1.22 — seems blighted and adrift.
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http://www.usatoday.com/money/...