The euro retreated from two-week highs against the dollar on Monday on worries the euro zone debt crisis could ensnare higher-rated countries, with gloomy economic prospects and rising political risks likely to keep it under pressure. Analysts said sentiment towards the common currency was bearish, with most investors looking to sell it on any rally before debt auctions this week in Italy and the Netherlands. The Dutch government was on the verge of collapse after it failed to agree on budget cuts, while Italian bond yields surged as did French borrowing costs after Socialist Francois Hollande - who has promised to ... (full story)