U.S. dollar gains Euro on U.S. sales report

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Source: Reuters
The U.S. Dollar closed near its seven-month high versus a basket of currencies on Thursday after a data showed on Wednesday that the U.S. retail sales advanced at the fastest rate in a five-month period suggesting the country's economy is recovering despite tax hikes and spending cuts. The greenback advanced against the shared currency when it closed at $1.2923 on Wednesday and it last stood at $1.2962.

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Thu, 14 Mar 2013 12:58:07 GMT

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