The Euro went on the defensive after dropping close to a 2-week low against the US Dollar amidst fears that another European summit would be powerless in resolving the region's crippling debt crisis.
Meanwhile, the Japanese Yen bounced back from a 2-month low against the US Dollar but, the Yen could be hampered by political uncertainty due to a lack of support for the Japanese Prime Minister's tax hike plan.
Meanwhile, the Japanese Yen bounced back from a 2-month low against the US Dollar but, the Yen could be hampered by political uncertainty due to a lack of support for the Japanese Prime Minister's tax hike plan.
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