Euro slips versus dollar in London

Posted by 7Star Friday, January 29, 2010

The euro slipped on Thursday, hovering near a 6 1/2-month low against the dollar as investors remained wary on concerns over heavily indebted smaller eurozone countries such as Greece and Portugal. The dollar gained support after Kansas City Fed President Thomas Hoenig dissented from a US Federal Reserve pledge, in a statement after a policy meeting, to keep interest rates low "for an extended period".

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