Reuters: US Dollar Report: Euro cuts losses vs dollar, trades flat

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Euro cuts losses vs dollar, trades flat Dec 31st 2012, 14:10 NEW YORK | Mon Dec 31, 2012 9:10am EST NEW YORK Dec 31 (Reuters) - The euro erased its losses against the dollar in early New York trade on Monday, with investors closely watching last-minute U.S. budget talks to avert the "fiscal cliff." The euro was last at $1.3217, little changed on the day. The Democrat-controlled Senate reconvenes on Monday with only hours to find a legislative solution, most likely a stop-gap deal, that would also have to be passed by the Republican-majority House of Representatives.

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