Tuesday, September 11, 2012

Reuters: US Dollar Report: Dollar in broad sell-off after Moody's warning, euro at 4-month high

Reuters: US Dollar Report
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Dollar in broad sell-off after Moody's warning, euro at 4-month high
Sep 11th 2012, 13:18

NEW YORK, Sept 11 | Tue Sep 11, 2012 9:18am EDT

NEW YORK, Sept 11 (Reuters) - The dollar sold off across the board on Tuesday after Moody's Investors Service said the United States could lose its triple-A debt rating if next year's budget talks do not result in a lower debt to GDP ratio.

The euro hit a four-month high of $1.2836, its highest since May 15, while the dollar index fell below the key 80 area, a four-month low.

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