Euro erases gains versus dollar, turns negative

NEW YORK Mon Dec 24, 2012 11:45am EST

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NEW YORK Dec 24 (Reuters) - The euro fell slightly against the dollar in thin pre-Christmas trade on Monday, erasing early gains.

The euro fell 0.1 percent to $1.3177, after having risen as high as $1.3233 on Reuters data.

The dollar earlier slipped against the euro as traders locked in gains sparked by continued uncertainty about the U.S. budget talks.