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The euro rose to a one-week high versus the dollar after European Central Bank President Mario Draghi said he saw signs of stabilization in the economy and Spain sold almost twice its maximum target at a note auction.
The shared currency appreciated versus 14 of its 16 most- traded peers as Italian borrowing costs dropped at a bill auction. The ECB left its benchmark interest rate unchanged.
The dollar fell the yen after data showed U.S. retail sales increased less than economists forecast.
The dollar fell bafter the Commerce Department said U.S. retail sales gained 0.1 percent last month, following a revised 0.4 percent increase in November. Economists in a Bloomberg survey forecast a 0.3 percent advance in December.
The Australian dollar erased gains versus its U.S. counterpart as stocks declined after the sales report and after more Americans than forecast filed claims for jobless benefits last week.
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