Euro/Dollar has made a new intra-day low at 1.4340 on news that Greece has been downgraded to CA from CAA1 by Moody's. The rating agency sees "substantial losses for Greece private creditors, with private holders virtually certain to incur losses." Despite the bad news, EUR/USD is holding its ground, just suffering marginal losses. Current price is back up at 1.4370 now.
Source: FXCC
Source: FXCC