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Euro Below $1.20, No Signs of Relief for European Currency

posted by Avatar commodityblog 1082 days ago in USD, EUR, JPY made popular 1082 days ago

The euro extended its decline today against the U.S. dollar and the Japanese yen, plunging below $1.20 for the first time since March 2006, as the signs that the European fiscal crisis is widening caused the investor to abandon the shared 16-nation currency.
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