Euro claws back above 1.22 dollars
The euro clawed its way back above 1.22 dollars on Tuesday, as dealers shrugged off news that Moody's had slashed Greece's sovereign rating to 'junk' status.
The euro on Thursday crossed 1.52 dollars for the first time, hitting a record peak at 1.5204 dollars, after the US government confirmed sluggish American economic growth in the fourth quarter.