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Hopes of US budget deal push dollar lower

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NEW YORK (AP) — Hopes that U.S. leaders will reach a budget deal pushed the dollar lower against the euro Monday. Traders were also hopeful that Greece will get its next batch of bailout money. Riskier currencies such as the euro tend to strengthen when traders think the economy is getting better. The euro rose to $1.2807 late Monday from $1.2727 late Friday. President Barack Obama and leaders...

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