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The euro erased its advance against the dollor to trade little changed at $1.2975 as of 11:09 a.m. in London. It earlier reached $1.3046.
BNP Paribas strategists said they expected the euro's upside to remain limited at the $1.3000/40 area, which will provide renewed selling opportunity with a target for a break below $1.2875 and then $1.2590.
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