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Dollar higher against the euro
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Posted on
Jun 26 2008 6:25 AM
by
adeal
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The dollar rose slightly against the euro Thursday, picking up some ground after the U.S. Federal Reserve said it would leave interest rates unchanged for the time being and the European Central Bank again hinted that a rate increase is possible as early as its next meeting. The 15-nation euro bought $1.5646 in morning European trading, down from $1.5667 in late New York trading Wednesday. The British pound fell slightly to $1.9720 from $1.9727 on Wednesday, while the dollar edged up to buy 108.09 Japanese yen from 107.93 yen the night before.
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