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FRANKFURT, Germany (AP) - The dollar fell slightly against the euro Monday, with traders looking to interest rate decisions in Frankfurt and London.
In Japan, the yen reached a four-and-a-half year low after Chinese markets closed down 8.3 percent, which raised fears about risk aversion in currency trading.
The 13-nation currency bought $1.3447 in morning trading compared with $1.3443 in New York late Friday, hovering around two-month lows after a better-than-expected jobless figure in the U.S. on Friday reduced expectations of an interest rate cut by the Federal Reserve Bank.
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