Negotiations over the future of Greece’s financing are rankling foreign-exchange traders, with evidence of their concern showing up in multiple currency pairs.
While the euro halted a six-day drop versus the dollar on Tuesday, it tumbled to its weakest level against the yen since June 2013. The 19-nation shared currency also fell to its lowest level versus the Swiss franc since January, dipped below 4 Polish zloty for the first time since 2011 and touched an almost five-month low against the Norwegian krone.
