17-nation currency falls
Euro is pulling back in forex trading, after a rally that saw some of the highest levels in weeks. However, the euro is now lower against most other major currencies, struggling as an agreement in the matter of Greek debt is sought.
So, even though there appears to be some measure of risk appetite in the markets today, resulting in gains by the pound and the Aussie against the US dollar, the euro isn't joining in.
Instead, euro is down against the pound, dollar and yen. European equities ended mostly lower as well, even though Asian stocks finished mostly higher and US stocks -- especially on the Dow -- are gaining. For now, the euro is taking a hit in forex trading, due to the uncertain state of sovereign debt.
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