us-dollar-euroNEW YORK: The euro briefly pared losses against the US dollar on Wednesday after a senior French source said the country has not been informed of any imminent downgrade of its AAA sovereign credit rating.

The euro temporarily rose above $1.27 after the comments. It last traded at $1.2674, down 0.8 percent on the day, according to Reuters data.

Copyright Reuters, 2012

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