Euro Hurt by Stop-Loss Selling, Hits 1-Year Low

Euro Hurt by Stop-Loss Selling, Hits 1-Year Low – The euro fell to its lowest in a year on Friday, hammered by a wave of stop-loss selling in Asian trade as speculation heightened that Greece could default on its sovereign debt obligations. The euro dropped as low as $1.3201 after triggering stops placed below $1.3250 – Reuters

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