Thursday, May 17, 2012
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FOREX-Euro steady as Greece news eyed; sterling slides

The euro was steady against the dollar on Monday on hopes that a support deal for Greece may be near, while sterling slid to its lowest in more than nine months versus the dollar as UK political uncertainty increased.

Sterling was by far the biggest mover among major currencies, shedding well over one percent against the dollar and the euro after a poll showed a growing risk no party will win a majority in an election due by June 3.  >>

 

 

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