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TOKYO (AP) - The dollar slipped against the euro but held steady against the yen in Asian trading Friday morning from earlier levels as the market awaited the release of U.S. trade data later in the day.
Worries about the massive U.S. trade deficit have weighed on the dollar but other concerns, such as the lack of confidence in the European Union, have helped boost the dollar against the euro.
The dollar was trading at 108.94 yen late morning in Tokyo, down 0.40 yen from late Thursday but unchanged from its level in New York. The euro rose to $1.2118 from $1.2083 late Thursday but fell to 132 yen from 132.13 yen.
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