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Forex: Euro marginally weaker on Moody's comments

November 28, 2012 | Filed Under »
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FXstreet.com (Barcelona) - Euro is a tad lower after comments from Moody's. The agency remains skeptical Greece will be able to be back on a sustainable debt path and sees high odds of Greek default on privately held debt.

Moody's: "We maintain that the probability of a further default on privately held debt is high... only a reduction in principal on outstanding official debt would lead to a semblance of sustainability in Greece's debt"
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