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NEW YORK: The euro extended its decline against the dollar on Tuesday after St. Louis Federal Reserve President James Bullard told Bloomberg television he doesn't see the need for a half-point interest rate cut at next month's Fed policy meeting.

At 12:49 p.m. (1649 GMT), the single currency was down 0.28pc at $1.1366, while the greenback trimmed its earlier losses versus the yen, last 0.06pc lower at 107.235 yen.

Copyright Reuters, 2019

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