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Euro Touches 2-Week Low on Slowdown Signs; Yen Pares Gain

The euro touched a two-week low against the dollar on signs the region’s economy is slowing amid political uncertainty in Italy and Spain.

The 17-nation currency held a three-day loss versus the yen before data forecast to show industrial production in France fell and with finance chiefs from the bloc set to meet in Brussels to discuss aid to Cyprus and Greece. The yen trimmed earlier gains against the U.S. currency after Haruhiko Kuroda, one of the potential candidates to head the Bank of Japan, said additional monetary easing can be justified for 2013. The central bank holds a policy meeting this week.