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euro arrests decline - temporarily

Tuesday 2nd February 2010

The slide which has knocked the euro in recent weeks looks to have halted - albeit temporarily.

It rose 0.5% against the US dollar to US $ 1.3932 - although the euro is coming off its lowest point since last summer.

However the recovery may be brief as well as minor as nagging doubts about the Greek economy continue to weigh down sentiment.

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