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Published Date: 06 February 2008
THE euro tumbled broadly yesterday after dismal eurozone service sector data fed expectations that the European Central Bank might join the ranks of interest-rate cutters to shore up growth.
In the US, the dollar pared early gains against the yen after a report showed a sharp drop in activity in the US service sector in January.


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  • Last Updated: 06 February 2008 11:53 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: The Euro
 
 

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