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Dollar Resumes Downtrend Against European Majors

5/7/2012 3:46 AM ET

After a brief pause ahead of the European session, the US dollar resumed its early Asian session's downtrend against the major currencies of Europe in early London session on Monday. The greenback is presently trading at 1.3021 against the euro, 0.9229 against the Swiss franc and 1.6150 against the pound.

by RTT Staff Writer

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