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Euro At 3-day Low Against U.S. Dollar

4/27/2012 2:13 AM ET

The euro declined to a 3-day low of 1.3167 against the U.S. dollar ahead of European trading on Friday after the release of German GfK consumer confidence for May.

Presently, the pair is trading at 1.3174, compared to Thursday's close of 1.3221. The next downside target level for the euro is seen at 1.31.

by RTT Staff Writer

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