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Reuters
UPDATE - Dollar falls after Eurostar trains suspended
Thursday March 18, 10:50 am ET
By John Parry
NEW YORK, March 18 (Reuters) - The dollar slid on Thursday, with the euro attaining fresh session highs after French Railways said that Eurostar trains were suspended.
Since the Madrid bombings a week ago that killed 201 people, the dollar has been hurt more than European currencies by worries of the threat of attacks on U.S. interests throughout the world.
The euro (EUR=) pushed to session highs around $1.2360 according to Reuters data, up about 1 percent on the day.
"The main impetus of the move was jitters, some external concerns about terrorism," said Chris Gothard, currency analyst at Brown Brothers Harriman in London.
"When there are concerns that are related to international terrorism, the dollar tends to be sold off," he said.
British police said they closed off part of the Eurostar cross-Channel line near Dover and arrested a man.
"A section of the line was closed. One man was arrested under the terrorism laws and he is helping police with their inquiries," a spokeswoman for Kent police said. "A full security check is in progress." She declined to give further details.
Earlier, the dollar fell across the board as some traders in the United States cited rumors of security threats in Europe. The U.S. currency temporarily recovered some of its losses after British police, responding to a rumor in the foreign exchange market, said there was nothing suspicious found on a Eurostar train. (Additional reporting by Kyle Peterson in Chicago and Burton Frierson, Charlotte Cooper and Carolyn Cohn in London)
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