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The euro fell as low as $1.2182 on Reuters data, a one-week low and more than 2 cents below an earlier four-week high above $1.2404.
The euro was last at $1.2190, down 0.3 percent on the day. Against the yen, the euro slid as low as 95.22 yen and last traded down 0.6 percent at 95.27 yen.