Euro slips to 4-month low vs dlr, technical outlook bleak

The euro dipped to a four-month low against the dollar on Monday on mounting worries about Europe's debt crisis, after a source said Portugal was under growing pressure to accept EU/IMF aid.

A senior euro zone source told Reuters on Sunday that pressure was growing on Portugal from Germany and France to seek financial help from the European Union and International Monetary Fund to prevent the bloc's debt crisis spreading. more