Reuters: US Dollar Report: Euro falls to session low vs dollar after German PMI

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Euro falls to session low vs dollar after German PMI Jun 21st 2012, 07:45 LONDON, June 21 | Thu Jun 21, 2012 3:45am EDT LONDON, June 21 (Reuters) - The euro fell to a session low against the dollar on Thursday after German manufacturing activity sank to a three-year low, raising concerns the euro zone's largest economny could slip into recession as the debt crisis intensifies. The common currency sank to $1.2650, with traders citing selling by a European bank and supporting bids around $1.2640. The dollar was also firmer after the U.S. Federal Reserve delivered a more modest dose of monetary easing than some in the market had been positioned for.

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