NEW YORK: The euro pared its earlier gains against the dollar on Wednesday in the wake of a Bloomberg report, citing euro-area officials familiar with the matter, that the European Central Bank was unlikely to reach a decision on reducing its bond purchase before October.
At 12:37 p.m. (1637 GMT), the single currency was up 0.1 percent at $1.1928, which was below its global session peak of $1.1949 earlier Wednesday, Reuters data showed.
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