Euro Doesn't Flinch At 1-in-3 Greece Exit Prediction

S&P says there's a least a one-in-three chance of a Greek exit from the euro zone in coming months. But the euro doesn't buckle at the warning, rather staying in its range surrounding the $1.25 level, where it's been for much of the New York session. Investors have long been eyeing the possibility that markets could see a "Grexit," and so S&P's view isn't likely to make too many waves. The ratings firm does say, however, that it's unlikely other European sovereigns would follow in Greece's footsteps out the door. Euro trades at $1.2489, up about 0.4% on day, according to EBS via CQG.

Euro Doesn't Flinch At 1-in-3 Greece Exit Prediction

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