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The euro is stable above the lowest level of the year against the dollar
The euro held steady in very thin trading on Monday remained above the lowest level in 11 months against the dollar as investors awaited the results of an Italian bond auction later this week.
With the closure of markets in London and New York on the occasion of the holiday has not deviated major currencies for their ranges in recent times in the beginning of the last trading week of 2011.
The euro rose to 1.3069 dollars to settle above the lowest level in 11-month record of $ 1.2945 this month.
And sells bonds to Italy for three and ten years on Thursday and was a successful auction would provide some support for the euro.
And holds together the single currency over the record low against the Australian dollar and recorded in the latest price of its $ 1.2855 after the Australian fell to 1.2832 dollars on Friday.
The Australian currency rose 0.1 percent to U.S. $ 1.0161 while the dollar index advanced about 0.1 percent to 79.86, but remained below the highest level in 11 months 80.73, which struck earlier this month.
Against the Japanese currency the dollar settled at 77.99 yen. The two currencies move in a narrow range since the Japanese financial authorities intervened in currency markets on 31 (October) to curb the rise of the yen.
The euro held steady in very thin trading on Monday remained above the lowest level in 11 months against the dollar as investors awaited the results of an Italian bond auction later this week.
With the closure of markets in London and New York on the occasion of the holiday has not deviated major currencies for their ranges in recent times in the beginning of the last trading week of 2011.
The euro rose to 1.3069 dollars to settle above the lowest level in 11-month record of $ 1.2945 this month.
And sells bonds to Italy for three and ten years on Thursday and was a successful auction would provide some support for the euro.
And holds together the single currency over the record low against the Australian dollar and recorded in the latest price of its $ 1.2855 after the Australian fell to 1.2832 dollars on Friday.
The Australian currency rose 0.1 percent to U.S. $ 1.0161 while the dollar index advanced about 0.1 percent to 79.86, but remained below the highest level in 11 months 80.73, which struck earlier this month.
Against the Japanese currency the dollar settled at 77.99 yen. The two currencies move in a narrow range since the Japanese financial authorities intervened in currency markets on 31 (October) to curb the rise of the yen.
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