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Rate slips as wires run the EU..........>

EURO-DOLLAR: Rate slips as wires run the EU Commission's new economic forecasts,
sharply cutting growth expectations for Germany, Italy and the Eurozone as a
whole. Rate extends losses further below $1.12 to touch the day's worst levels
at $1.1185, with markets now eyeing the week's lows of $1.1159.
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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