2010-08-12 … said Ian Stannard, currency strategist at BNP Paribas, adding that Spain\'s downgrade by Fitch last week was also weighing on the currency. Fitch Ratings cut Spain\'s credit ratings to AA+ from AAA on Friday, saying its economic recovery would be more muted than the government forecast. The euro dipped versus the dollar on Friday, paring hefty gains made the previous day, as investors squared positions ahead of the …
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