Snaptu: Forex: Euro Losses To Accelerate On Debt Concerns, British Pound Regains Footing To Maintain Range

The Euro slipped to a low of 1.3926 as Moody's Investor Services cut Portugal's long-term credit rating to A3 from A1, and the single-currency may face additional headwinds over the near-term as fears surrounding the sovereign debt crisis continue to…

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