Published by Mark AckroydThose seeking a foreign exchange quote may be impacted by the euro slipping to $1.3453 today (November 16th), down 0.6 per cent on the previous day's trade.According to Reuters, the eurozone may be given a slight boost if a confidence vote goes in favour of Greek prime minister Lucas Papademos and the nation's new coalition government.Deficit reduction plans are also being worked on in Italy by Mario Monti, the former European Union commissioner, who is expected to announce he has put together a new government.Speaking at a Wall Street Journal-sponsored news conference, Timothy Geithner, the US Treasury secretary, stated the region is "gradually making progress" in achieving growth while also improving certain nations' credit rating."This is absolutely within Europe's capacity to solve and it's within their ability," he said.The changes come following Italian prime minister Silvio Berlusconi's decision to resign at the weekend and Greece's George Papandreou standing down last week.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site