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ST: Dollar mixed after Fed statement
 
NEW YORK (AP) - The dollar is trading mixed other major currencies after the Federal Reserve said it would continue a stimulus program to try and help the economy.

The Fed said it will continue the program, called Operation Twist, through the end of the year. The program is designed to lower long-term interest rates and to spur borrowing and spending.

The euro rose to $1.2703 from $1.2689. The dollar fell to 0.9458 Swiss franc from 0.9464 Swiss franc.

The British pound fell to $1.5715 from $1.5730. The dollar rose to 79.52 Japanese yen from 79.04 yen.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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