Published by Mark AckroydThe single currency edged lower to $1.3759 in foreign exchange trading today (November 7th), down 0.2 per cent on the previous day.According to Reuters, ongoing uncertainty about the economic situation in Greece, as well as in Italy impacted on the euro.Commenting on the situation, strategist at ANZ in Sydney Grant Turley said: "For now, they've managed to stave off any panic, but it's not looking positive for them. It feels like a low conviction, fatigued market at this point in time."The news source noted that markets may be further impacted by a parliamentary vote set to take place in Italy tomorrow where prime minister Silvio Berlusconi will seek support over the nation's finances.Meanwhile, analysts remain unsure about whether all the 17 nations currently in the eurozone will remain in it.Jim O'Neill, the chairman of Goldman Sachs Asset Management, told the Sunday Telegraph that countries including Finland, Greece, Ireland and Portugal may drop out of the currency.He suggested that on reflection it is fair to say that a single currency should only have been used by France, Germany and Benelux as they have always been "very intertwined".Mr O'Neill noted that the deficit reduction deal agreed by European leaders has only gone so far to resolving the issues seen in the eurozone."The dilemma is how is this going to be implemented and is everyone fully signed up and, of course, we find in a few days that the key participant hasn’t signed up [Greece]," he said.Last week, prime minister David Cameron pointed out that boosting the International Monetary Fund may be something that benefits the UK in the long term.He pointed out that due to the major part Britain has to play in the organisation it is "right" to think about providing additional finances for it.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site