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Dollar Off Recent Highs Against European Majors

4/17/2012 3:20 AM ET

The US dollar erased some of its recent gains against the major currencies of Europe in early European trading on Tuesday.

The greenback is presently quoted at 1.3126 against the euro and 0.9158 against the franc, down from recent highs of 1.3092 and 0.9184, respectively.

The dollar also slipped to 1.5904 against the pound from its recent peak of 1.5865.

by RTT Staff Writer

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