By late afternoon London time, the euro was trading 0.4 percent lower at $1.3226, while the dollar was 0.8 percent firmer at 84.22 yen.Investors are also keeping a close watch on developments in China, amid mounting market talk that the country's monetary authorities are planning to raise interest rates soon to rein in inflationary pressures and cool a property-related credit boom.
A Look At Economic Developments Around The Globe
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