The Euro (EUR) lost ground against the greenback on Monday&rsquo s trade. In domestic news, IMF&rsquo s Kahn suggested the IMF would allow for more time for Greece to repay loans, prompting an optimistic rally in Euro stocks. The Euro traded with a low of 1.3867 a high of 1.4011 before closing the day 1.3875. Looking ahead, ECB president Trichet is scheduled to speak at the Economic Club in New York.
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