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CM: Euro Slipping Further
 
The euro continued its slide into this morning and finds itself down once more against the dollar and Japanese yen. Uncertainty persists regarding the status of the Greek debt crisis and these worries are beginning to bring down other traditionally riskier currencies, such as the Australian and New Zealand dollar. As of this morning, the EUR/USD is standing near $1.3191, marking a significant drop from last Friday. Analysts are predicting that until a clearer picture of the crisis is discerned, the euro will stay well below the $1.3500 mark.


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