Difference Between Euro and Euro Dollar

As received from Answers.com

These are quite different things. Be careful not to confuse the two!

The euro is the currency of European Monetary Union (European Countries).

Euro dollar refers to bonds that are issued by companies in US dollars outside the US. Let’s say a global company wants to raise money from non-US investors and issues a bond traded in, say, Europe or Asia. The interest and principal on the bond are paid in dollars.
The name “Eurodollar” is because this market was historically concentrated in Europe, but it is now global.

I hope the above currency trading information was of help to you.

Anthony DiChi at TradeCurrencyNow,
America’s Forex News and currency information source.