Dollar slips on home data, euro climbs on Greek hopes

April 24, 2015 4:09 AM

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Dollar slips on home data, euro climbs on Greek hopes

SYDNEY (Reuters) - The dollar nursed losses early on Friday after yet more underwhelming U.S. economic news, while signs that cash-strapped Greece was making tentative progress in securing fresh funding helped underpin a broad rally in the euro.

The common currency last stood at $1.0822, having powered up from Thursday's low of $1.0666. The latest rally came as German Chancellor Angela Merkel said everything must be done to prevent Greece from running out of money.

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