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Dollar Pares Recent Gains Against European Majors

5/21/2012 11:07 AM ET

The US dollar erased some of its recent gains against the major currencies of Europe on Monday morning in New York. As of 11:05 am ET, the greenback was trading at 1.2775 against the euro, 0.9405 against the Swiss franc and 1.5815 against the pound.

by RTT Staff Writer

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