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- The 17-nation euro yesterday erased losses versus the dollar after the Financial Times reported that Europe may combine temporary and planned permanent rescue facilities to bolster its bailout resources.
- The euro ended a three-day drop versus the yen amid speculation Europe is working to expand funds available to the region`s most-indebted nations as leaders prepare to meet in Brussels tomorrow.
- The Australian Dollar rose after GDP data revealed stronger than expected economic activity in the 3rd quarter. Coming after the RBA`s latest rate cut, the figures could herald a pause in further central bank moves.
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