The euro slipped to a two-week low against the US dollar in European trading on Thursday, extending its losses for the fifth consecutive day, as investors continued to favor the US currency as the safest investment available, particularly after the release of the minutes from the Federal Reserve's latest meeting, which reduced the likelihood of a rate cut in December.
The euro fell 0.25% against the dollar to $1.1510, its lowest level since November 6, from an opening price of $1.1537. It reached a high of $1.1542 during the session.
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