Thursday, May 17, 2012
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FOREX-Euro holds firm vs dollar after upbeat US data

* Aussie jumps vs dollar, yen on RBA Stevens' upbeat view

* Other cross/yen pairs trim losses helped by gains in Aussie

* Market awaits 2-yr U.S. Treasury note auction on Tuesday

* Investors keeping an eye on U.S.-China dialogue

* Market awaits S&P Case-Shiller Home Price Index

The euro held firm against the dollar on Tuesday after hitting its highest in eight weeks the previous day, when a jump in U.S. new-home sales encouraged investors to seek riskier assets >>

 

 

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