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Euro, yen fall as dollar momentum builds again
The euro was back under pressure on Friday after an extension of the European Central Bank's programme of money-printing drove its biggest daily loss against the dollar since Britain's vote to leave the European Union in June. While the ECB said it would reduce the monthly value of purchases, they will continue until at least the end of next year - longer than the market expected - and were accompanied by a handful of other measures judged as negative for the single currency going forward. That drove a more than 2-cent fall on Thursday, and the euro fell another half percent in morning trade in Europe, reaching ... (full story)