Euro Touches Two-Month Low on Greece Concern; Kiwi Slips
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The euro touched two-month lows against the dollar and Swiss franc as European finance ministers struggled to agree on how to provide additional aid for Greece.
The 17-nation currency erased losses versus the greenback as U.S. stocks rose amid an increase in risk appetite. New Zealand’s dollar declined after retail sales unexpectedly fell. The yen gained against most major peers after euro-area policy makers said they would give Greece two extra years to lower its budget deficit. Brazil’s real slid on bets the central bank will continue intervening to weaken it.