Friday, June 22, 2012

Reuters: US Dollar Report: CORRECTED-Euro drops to session low, dollar extends gains

Reuters: US Dollar Report
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CORRECTED-Euro drops to session low, dollar extends gains
Jun 22nd 2012, 06:57

Fri Jun 22, 2012 2:57am EDT

LONDON, June 22 (Reuters) - The euro fell to a session low against the dollar on Friday with risk sentiment considerably hurt by more signs of a global slowdown and a Moody's downgrade of the world's major banks.

The safe-haven dollar was broadly higher. The dollar index rose 0.15 percent to 82.437, its highest level since June 13.

The euro fell to a session low of $1.25242 on trading platform EBS, on selling by macro funds with stops cited below 1.2510. (Reporting by Anirban Nag, editing by Nia Williams)

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