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Euro slips lower against dollar to $1.2771

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The euro is hovering at 14-month lows as it slips lower against the dollar in early European trading amid fears the Greek financial crisis is spreading.

 

The 16-nation currency went as low as $1.2768 in trading Thursday before recovering slightly to $1.2771. That's still below the $1.2827 it bought the day before in New York trading. (AP)

 

 

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