Euro Falls Vs. Counterparts As Greek Majority Rejects Creditors' Terms

The euro fell against its rivals in early trade Sunday as the first official projection from Greece's referendum showed 61% of voters rejected terms set forth by the country's creditors. The euro was down 1.2% against the dollar at $1.0979, according to FactSet, after opening slightly above $1.10. Against the yen, the shared currency was off 2% at �133.80. The euro was buying 1.0360 Swiss francs , down 0.9%. If confirmed, the referendum's result will indicate there was a larger-than-expected backing for the Greek government's position in its stance against other European entities, as well as underscore questions about Greece's future in the euro.