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Euro Dips After S&P Downgrades France By One Notch - (Reuters)

Posted by Chris Advincula on Nov 8, 2013 6:18:00 AM

EURO.5MIN.6AM.11.8 resized 600

Chart: WorldWideMarkets Alpha Trader

1:21am EST

TOKYO, Nov 8 (Reuters) - The euro shed 0.2 percent on Friday after U.S. rating firm Standard and Poor's downgraded its credit rating on France's sovereign debt to AA from AA+.

The euro fell to as low as $1.3389 from around $1.3410, though it still kept some distance from a seven-week low of $1.3295 hit on Thursday after the European Central Bank's surprise rate cut.

 

 

 

 

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