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IF: Euro falls to 10-month low against the dollar
 
The euro has fallen to a 10-month low against the dollar, amid poor economic data and ongoing concerns about the stability of the Greek economy.

Euros traded at $1.3436 in late morning, the lowest since May 2009, following slightly worse-than-expected inflation data.

The eurozone's consumer price index (CPI) ticked down to an estimated 0.9% in February from 1% in January. The market had expected consumer price inflation to repeat the 1% growth.
Worries over the Hellenic nation's €300bn ($419bn; £259bn) debt also continue to dog the European single currency.
But some reports suggest it has also struggled because hedge funds have been placing huge bets on the currency's decline, which could make the speculators hundreds of millions of pounds.
The pound was lower against the dollar for a sixth day, down 0.4% to $1.4936, following concerns over a possible hung parliament and the UK's high level of debt.
The euro was up 0.4% against the pound, to 90.53 pence.
Financial markets remain nervous about the ability of heavily indebted countries such as the UK, Greece and Spain, to pay back their huge loans.
Greece has pledged to reduce its deficit from 12.7% - more than four times eurozone rules - to 8.7% during 2010.
Greece's Prime Minister George Papandreou is due to visit German Chancellor Angela Merkel in Berlin on Friday, in what could be a key meeting to decide what, if any, Europe-wide assistance Greece receives.
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