Euro gains against U.S. dollar amid manufacturing data

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Source: Reuters

The European currency advanced against its major counterpart the U.S. dollar for a second straight day on Tuesday after a report by the Markit Economics showed that manufacturing output in the euro-area declined less than economists initially forecast. The Euro added 0.4% to $1.3072 and it changed to 121.72 yen following a 0.5% drop earlier on Tuesday.


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