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Euro hits week low on growth, banking woes

The euro sank almost half a per cent in morning trade before recovering to stand a touch lower on the day at US$1.2706


STERLING and the euro suffered in another choppy day on currency markets on Wednesday, the single currency trading briefly below US$1.27 for the first time in a week after a news report that raised concerns over European banks.

The major currency pairs have struggled for...

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