BLBG:Euro Weakens After Moody’s Cuts Spain’s Government Bond Ratings Two Levels
The euro weakened after Moody’s Investors Service cut Spain’s government bond ratings from Aa2 to A1 with a negative outlook.
The 17-nation currency dropped 0.2 percent to $1.3732 at 6:10 a.m. in Tokyo from 1.3752 yesterday in New York yesterday.
To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net
To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net
