As the euro euphoria faded, the US dollar gained some traction on the last day of the week by reclaiming some of the previous forex trading session’s losses.
“Fitch became the first rating agency to assign a restricted-default rating, which almost immediately stripped the euro of its earlier gains,” said of the Greek situation Kathy Lien, director of global research and analysis for GFT, as quoted by MarketWatch.
The euro last traded at $1.4359 at the close of Friday forex trading.
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