Euro falls after comments from Germany's Merkel * *PIC*

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Euro falls after comments from Germany's Merkel ( 10_YEAR 2_YEAR 30_YEAR AGG BND TBT TLT 3_YEAR SPX
DJIA COMP SPY EURUSD UUP UDN FXE FXY DXY ) (by Deborah Levine)

NEW YORK (MarketWatch) -- The euro turned down against the dollar on Tuesday following reports that German Chancellor Angela Merkel frowned upon the notion of increasing the size of Europe's permanent bailout fund, the European Stability Mechanism. "Any toxic euro rhetoric continues to bring a slew of sellers off the sidelines," said Dean Popplewell, chief currency strategist at Oanda Corp. The euro (cur_eurusd) fell to $1.3108, from around $1.32 in morning trading and $1.3188 on Monday. The dollar index (dxy) , which measures the performance of the greenback against a basket of six currencies, rose to 78.865 from 79.533 in late North American trading on Monday.

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