FOREX-EUR/USD pulls back from 1-month low hit on Greece woes

The euro rose against the dollar on Wednesday, recovering from its lowest in more than a month hit after Greece's credit rating was downgraded, as investors sensed selling in the single currency had been overdone.

Earlier in Asia, the dollar advanced against the euro and a currency basket after Fitch downgraded Greece on Tuesday to below the single-A bracket for the first time in a decade, and prompted short covering in the U.S. currency and the yen. >>