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The US dollar hit a 2-month record high
against the euro, before bond auction on concern that Standard & Poor's may
reduce national debt ratings in the euro area. The greenback touched $1.3161
against euro on Tuesday, highest since October 4. The dollar is appreciating on
euro weakness, said Sacha Tihanyi, Scotia Capital's currency strategist. EUR/USD
currently is trading at $1.3196.