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Euro holds ground near 28-month low vs US$
Published Mon, Dec 29, 2014 · 09:50 PM
London
THE euro held its ground on Monday in the face of renewed nerves over Greece prompted by a failed attempt to elect a new president, leaving the country facing an early national election which could derail its bailout programme.
The euro remained rooted close to a 28-month trough against the US dollar but did not dip beneath that, with traders citing thin trade and already stretched short euro positions.
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