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Euro near two-week low, shares up on rekindled rate cut hopes

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LONDON (Reuters) – The euro hovered near a two-week low and European shares rose on Friday after the European Central Bank rekindled expectations that it could again take the knife to interest rates. Strong Chinese trade data also helped lift optimism about global growth prospects, boosting oil, copper and Asian shares, although investors booking profits before next week’s Chinese new year holidays limited gains. . . .

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