The U.S. dollar’s slide against global currencies is accelerating Thursday. The greenback DXY has fallen to 74.36 against a basket of foreign currencies including the euro, yen and pound. The euro EURUSD has strengthened on reports of an agreement between France and Germany over the latest bailout plan for Greece. In addition, S&P reiterated the risk of a downgrade of U.S. debt in the next three months is at 50-50. Washington has yet to reach agreement on a plan to raise the debt limit, or curb runaway spending.

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