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Dollar edges lower vs European rivals

2009-11-04 12:52:53
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Dollar edged down against its European counterparts in early deals on Wednesday.

The dollar is trading at a 2-day low of 1.6474 against the pound with 1.661 seen as the next target level.

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Against the euro and the franc, the dollar is currently worth 1.4751 and 1.0249, respectively.

If the dollar drops further, it may target 1.486 against the euro and 1.017 against the franc.

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