DEBORAH MARCHINI, CNN ANCHOR: The story in Europe still the euro, which is still trading below parity with the dollar.</s>DAVID HAFFENREFFER, CNN ANCHOR: For the latest now on that and the markets, we go live to our Todd Benjamin in our London bureau. Good morning, once again, Todd.</s>TODD BENJAMIN, CNN CORRESPONDENT: Good morning, Dave and Deb. Yes, we're keeping a close watch on the Euro this morning, and at its low it got down to about 98.27 against the greenback. Right now, it's around 98.50. A lot of folks are thinking, perhaps, that this weaker euro could lead the European Central Bank to hike rates sooner than expected. Some folks think now that they could hike rates by a quarter point at next Thursday's meeting. In terms of other currencies this morning, the dollar's a third of a yen lower against the greenback, and the pound is more than a cent weaker against the dollar. The markets: Markets in a little better shape in the sense that all four are up now. Before, it was pretty much a split decision. London is up slightly, the Dax is up 1/3 of a percent, Paris is up nearly 1 percent, and Zurich is up 1/2 percent. One stock standing out, and of course it trades in the U.S. as well: Keep an eye on Ericsson. It came out with its latest earnings. They were better than expected. Fourth-quarter pre-tax profits were up nearly 39 percent, and they made very bullish comments about the prospects for this year. Deb and Dave, back to you in New York.</s>MARCHINI: All right, thanks a lot, Todd.
Euro Still Trading Below Parity With Dollar