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MW:Euro marginally higher against U.S. dollar
 
By Sarah Turner and Kim Hjelmgaard, MarketWatch
LONDON (MarketWatch) — The euro on Tuesday traded slightly higher, as new data showed that the euro zone avoided recession.

The euro EURUSD +0.1457% traded at $1.2848, up from $1.2840 in late North American trading the previous day.

The ICE dollar index DXY -0.08% , which measures the greenback against a basket of six currencies traded at 80.614, from 80.612 in late North American trading on Monday.

The euro-zone economy steadied in the three months to March. EU avoids recession as German economy grows

The 11-session winning streak of the dollar index recorded Monday matched a winning span from August 2008, just before the last financial crisis really took off.

The dollar USDJPY +0.0378% edged higher against the Japanese yen, buying ¥79.89 versus ¥79.86 in late trading Monday.

The British pound GBPUSD -0.2604% was at $1.6043 against $1.6097 while the Australian dollar AUDUSD +0.4832% traded at 99.92 U.S. cents, compared with 99.72 U.S. cents late Monday.

Sarah Turner is MarketWatch's bureau chief in Sydney.
Kim Hjelmgaard is a MarketWatch editor based in London.
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