Euro rises against dollar despite Greek debt worry (AP)

NEW YORK - the euro rebounded against the dollar Tuesday while speculation has persisted that the Greece will have to restructure its debt.

The dollar was also lower against the pound sterling, Japanese yen and Canadian dollar. Tuesday weakening of the dollar comes a day after the Rating Service Standard & Poor downgraded its Outlook on the U.S. sovereign debt.

The euro raised to $1.4340 late Tuesday, from $1.4234 late Monday.

Greek officials have denied that they would need to restructure their debts, but the market continues to assume that it will be necessary. Tuesday, the country had to pay a higher rate in a sale, the auction of Treasury bills increasing of this hypothesis.

"Comments will continue to draw European politicians, but no consensus is yet apparent, and markets are influenced by speculation," said analyst UBS Chris Walker in a research note.

At the same time to the United States, Secretary of the Treasury Timothy Geithner has minimized decision Standard & Poor lowered its Outlook on the sovereign debt of the U.S.. Geithner said in an interview televised Tuesday that he was in disagreement with the decision and said the Government would "move forward" of the problem.

Rating service. It reaffirmed its top rating of the current page on the actual debt, however.

In other exchanges Tuesday, the British Pound rose to $1.6317 from $1.6255. The dollar fell to 82.37 82.71 Japanese yen Japanese yen and rose from 96.44 Canadian cents to 95.69 cents Canadian.

The dollar rose to Swiss franc 0.8993 of franc Switzerland 0.8967 late Monday.

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