Thursday, May 17, 2012
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FOREX-Dollar rises, euro hurt on bank worries, eye data

 The dollar was broadly higher on Tuesday as investors sold currencies associated with risk on concerns about the banking system while looking ahead to data on the outlook for economic growth.

The euro fell on a German media report the majority owners of WestLB were threatening not to support the stricken German landesbank's requirement for more capital, citing financial sources. >>

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