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The U.S. dollar declined against the euro on expectations that the European Central Bank will resist pressure to lower interest rates in the 12 nations using the common currency. The euro bought $1.1932 in late afternoon trading in Europe, the dollar bought 111.77 yen near the 10-month high, and the pound quoted at $1.7556, up from $1.7550 amid speculation the Bank of England may cut rates from 4.75%
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