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Euro strengthens as dollar stalls

The Euro has bounced back from record lows against the dollar in June, while the US continues to struggle with high unemployment and a weak economy.

The dollar rallied slightly on Monday, ahead of a meeting of the Federal Reserve, following hints that the board may take action to prop it up. But the US currency remains at a 15-year low against the yen.

Ben Shore reports from Brussels.

  • 09 Aug 2010
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