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Euro falls as risk appetite stabilises

Published Tue, Jan 5, 2016 · 09:50 PM
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London

THE euro fell towards a one-month low against the US dollar on Tuesday, as risk appetite stabilised following a volatile Monday when weak Chinese data and a breakdown in relations between Saudi Arabia and Iran prompted a stockmarket sell-off.

The US dollar had hit an 11-week low against the Japanese currency on the first trading day of the year as Chinese share prices slid and traders ran for the …

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