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Euro Slips to 10-Month Low as Fitch Cuts Credit Rating

posted by Avatar DailyFX 794 days ago in EUR, Fundamental, Daily made popular 794 days ago

The Euro tumbled to a 10-month low of 1.3344 during the overnight trade as European policy makers favored the International Monetary Fund’s involvement in the bailout of Greece, and the single-currency could face increased volatility over the remainder of the week as the European Union kicks off its summit on Thursday.
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