Euro Falls After Moody’s Says It’s Reviewing European Banks’ Debt Ratings

The euro fell after Moody’s Investors Service said it’s reviewing European banks’ subordinated, junior and Tier 3 debt ratings. The single currency declined 0.2 percent to $1.3291 as of 9:30 a.m. Tokyo time from yesterday’s close in New York.

To contact the editor responsible for this story: Naoto Hosoda at nhosoda@bloomberg.net

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