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MW: Dollar stays down after spending data
 
NEW YORK (MarketWatch) -- The U.S. dollar remained lower Monday after a government report showed personal income and spending came in better than economists had expected, adding to investor confidence that the worst of the financial and economic crisis is over. The dollar index , stood at 78.851, down from near 79.226 in late North American trading on Friday. The euro rose to $1.4200, its highest level against the dollar since December, up from $1.4156 late Friday. Still to come, the Institute of Supply Management's national index on the health of manufacturers is expected to improve, though continue to show the industry is contracting.
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