The dollar recovered losses versus the euro and rose against the pound, but fell versus the yen in quiet trading Tuesday.

 

March 9 (Bloomberg) — The yen rose against most of its major counterparts as demand for higher-yielding assets ebbed after Fitch Ratings said implementation of Greece’s deficit- cutting plans can’t be taken for granted.

 

The euro lost ground against the dollar Tuesday on revived concern for the financial fate of Greece and other eurozone members and resistance to a planned IMF-style European Monetary Fund.