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Dollar in broad sell-off after Moody's warning, euro at four-month high
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009.
Credit: Reuters/Rick Wilking
NEW YORK |
NEW YORK (Reuters) - The dollar sold off across the board on Tuesday after Moody's Investors Service said the United States could lose its triple-A debt rating if next year's budget talks do not result in a lower debt to GDP ratio.
The euro hit a four-month high of $1.2836, its highest since May 15, while the dollar index .DXY fell below the key 80 area, a four-month low.
(Reporting by Gertrude Chavez-Dreyfuss; Editing by James Dalgleish)
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