Reuters: US Dollar Report: Euro dips after S&P downgrades France by one notch

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Euro dips after S&P downgrades France by one notch Nov 8th 2013, 06:21 TOKYO Fri Nov 8, 2013 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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