BLBG:Euro Snaps Gain Amid Greek Debt Swap Concern, Before Spain and Italy Sales
The euro snapped a two-day gain against the dollar as pressure grows to complete a Greek debt swap needed to put a rescue plan in place and ahead of debt auctions tomorrow by Spain and Italy.
The 17-nation currency bought $1.2756 at 9:24 a.m. in Tokyo from $1.2778 yesterday in New York.
To contact the reporter on this story: Benjamin Purvis in Sydney at bpurvis@bloomberg.net
To contact the editor responsible for this story: Garfield Reynolds at greynolds1@bloomberg.net
