Euro stung by euro zone worries; China trade data eyed

The euro came under pressure in Asia on Monday as the prospect of a recession in Germany and renewed concerns about Italy weighed on sentiment, while strong Chinese data helped support the Australian dollar. The euro fell about 0.3 percent to $1.2880 in thin early trade, slipping to near a two-we…

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Euro stung by euro zone worries; China trade data eyed