Thursday, June 7, 2012

Reuters: US Dollar Report: Euro extends losses vs dollar after Fitch downgrades Spain

Reuters: US Dollar Report
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Euro extends losses vs dollar after Fitch downgrades Spain
Jun 7th 2012, 16:55

NEW YORK, June 7 | Thu Jun 7, 2012 12:55pm EDT

NEW YORK, June 7 (Reuters) - The euro extended losses versus the U.S. dollar on Thursday after Fitch Ratings downgraded Spain's debt.

The euro fell to $1.2555 after the news, but last traded at $1.2572, roughly unchanged on the day, according to Reuters data.

The euro had been trading little changed before the news.

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