Euro pares recent gains ahead of Spanish auction, ECB meeting

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Source: Bloomberg
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The 17-nation currency erased its recent gains on Wednesday morning trade and weakened against the US Dollar ahead of ECB meeting and upcoming Spain's debt sales due tomorrow. Investors remain cautious on speculation ECB officials may cut the key interest rate. The Euro gave up 0.2% against the US Dollar to USD 1.2589. Currently EUR/USD is trading at 1.2590.
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Wed, 04 Jul 2012 07:02:37 GMT

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