Thursday, May 17, 2012
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FOREX-Euro dips vs dollar, yen as risk aversion rises

The euro hit a two-week low against the dollar and yen on Monday as a slide in oil prices and global stock markets and doubts about the strength of a U.S. recovery prompted investors to cut exposure to risk. >>

* Euro hits 2-week low vs dollar and yen

* Europe shares, oil prices stumble, denting risk demand

* U.S. factory activity surges; consumer worries persist

* Japan Q2 GDP rises 0.9 pct qtr/qtr

 

 

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