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©Reuters. The euro falls below parity after data from the US economy
Frankfurt (Germany), Aug 30 (.).- The euro was exchanged below parity with the dollar on Tuesday after the publication of good figures for the US economy.
The euro was trading at $0.9993 around 3pm GMT, down from $0.9999 in late European forex trading the previous day.
The European Central Bank (ECB) set the reference exchange rate for the euro at 1.0034 dollars.
Consumer confidence rose in August in the US after inflation slowed and after three consecutive months of falls.
Earlier, the euro traded above a dollar after energy pressures in Europe eased somewhat.
The single currency was traded in a fluctuation band between $0.9982 and $1.0055.
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