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Euro struggles amid political and fiscal concerns

The euro traded near a 17-month low as political uncertainty and fiscal concerns across the euro zone weighed on the currency. Meanwhile, the dollar continued its strong rally, propelled by rising US Treasury yields.

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The euro held near a 17-month low on Tuesday, pressured by political uncertainty and fiscal concerns across the euro zone, while the dollar extended its sharp rally as US Treasury yields moved higher. 1219 in Asia after sliding to its low 17 months.