Monday, May 21, 2012
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FOREX-Euro loses grip as investors sell into bounce

The euro fell on Thursday, edging back towards a four-year low as investors nervous over policy disarray in the euro zone trimmed their assets in the region and used the previous day's bounce to sell the currency.

Higher-yielding currencies such as the Australian dollar and yen crosses also dropped after losses in the Nikkei share average .N225 lowered investor risk tolerance, traders said. >>

 

 

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