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MW:Euro turns up, Treasurys pare gains
 
By Deborah Levine
SAN FRANCISCO (MarketWatch) -- Treasury prices pared gains and the euro turned up against the dollar in early U.S. trading Tuesday as stock futures strengthened on Wall Street ahead of economic data on housing and consumer confidence. The euro EURUSD +0.1083% turned up to $1.2940, from as low as $1.2885 and $1.2923 in North American trade late Monday. The dollar index DXY -0.05% , which measures the greenback's performance against a basket of six currencies, fell to 79.468, from 79.573 Monday. Yields on 10-year notes 10_YEAR -0.88% , which move inversely to prices, slipped 1 basis point to 1.70%, after falling to 1.68% earlier. Coming up later in the session, the government will auction $35 billion in 2-year notes 2_YEAR +1.50% ., which analysts expect to be supported as the Federal Reserve's policy of keeping interest rates low for years makes short-term debt more attractive.
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