Reuters: US Dollar Report: Euro rises to 4-week high versus soft dollar

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Euro rises to 4-week high versus soft dollar Mar 27th 2012, 09:17 LONDON, March 27 | Tue Mar 27, 2012 5:17am EDT LONDON, March 27 (Reuters) - The euro rose to a four-week high versus a broadly weaker dollar on Tuesday as dovish comments from Federal Reserve Chairman Ben Bernanke weighed on the U.S. currency and as stop-loss buy orders were triggered in the common currency. The euro rose to $1.33857 on trading platform EBS to trade up around 0.2 percent for the day after traders said stop-losses were triggered through Monday's high of $1.3368. The dollar also fell to a four-week low versus a basket of currencies of 78.77 to trade down around 0.25 percent for the day.

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