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Euro drops as German production plunges
Published Tue, Oct 7, 2014 · 09:50 PM
London
THE euro weakened as German industrial production fell the most since 2009, underscoring the risk of a slowdown in the region's largest economy that may put pressure on the European Central Bank to expand stimulus.
The shared currency dropped the most in almost three weeks versus the pound on signs that the UK economy is faring better than that of the 18-nation currency bloc.
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