Greek downgrade drags down euro
The euro is lower against the U.S. dollar following Moody's decision to downgrade Greece's credit rating to "junk" status.
The euro is lower against the U.S. dollar following Moody's decision to downgrade Greece's credit rating to "junk" status.
In morning European trading Tuesday the 16-nation euro bought $1.2182, down from $1.2243 the night before in New York. The British pound was down slightly to $1.4731 from $1.
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