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US$ edges up, European inflation data underpins euro

Published Mon, May 1, 2017 · 09:50 PM

Tokyo

THE US dollar shrugged off early modest losses in holiday-thinned Asian trading on Monday, while solid European inflation data underpinned the euro.

Several markets across Asia and Europe were closed for the May Day holiday. Tokyo markets will be closed for three days from Wednesday for a string of holidays known as Golden Week, and many investors take additional time off.

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