Reply #18: Dollar gains in wake of S&P’s EU warning

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http://www.marketwatch.com/story/dollar-gains-in-wake-of-sps-eu-warning-2011-12-06?dist=markets

FRANKFURT (MarketWatch) — The U.S. dollar edged higher versus most major rivals Tuesday, slightly extending a gain versus the euro scored late the previous day after Standard & Poor’s Ratings Services placed 15 euro-zone countries on a negative “credit watch.”

The euro /quotes/zigman/4867933/sampled EURUSD +0.04% traded at $1.3373, down from $1.3386 in North American trade late Monday.

The dollar index /quotes/zigman/1652083 DXY -0.06% , which measures the U.S. unit against a basket of major rivals, edged up to 78.753 from 78.654.