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The Dollar Slips To A Two-Month Low Versus The Euro |
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8:33 AM EST January 04 2006 |
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The U.S. dollar fell to a two-month low against the euro on disappointing economic news and speculations that interest rate hikes will cease. The euro was quoted at $1.2056, up from $1.2023. The dollar bought 116.28 yen, up from 116.03. The British pound traded at $1.7535, up from $1.7452.
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