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Euro sell-off weighs on forex market

Posted on 10 December 2012

The Australian dollar is slightly higher as a sell-off in the euro currency weighs against positive sentiment from US employment figures released late last week. Around midday, the currency was trading at 104.82 US cents, up from 104.78 US cents on Friday afternoon.
Easy Forex currency dealer Tony Darvall said the sell-off in the euro was weighing against the Australian dollar. The euro has fallen against major currencies after Italian Prime Minister Mario Monti announced his intention to resign………………………………………..Full Article: Source

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