NEW YORK, March 19 The euro trimmed losses
versus the U.S. dollar on Tuesday after lawmakers in Cyprus
overwhelmingly rejected a deeply unpopular tax on bank deposits,
throwing into doubt an international bailout for the troubled
euro zone member.
The bailout is needed to avert default and a banking
The euro last traded at $1.2878, down 0.6 percent on the day.
It had been trading at about $1.2865 before the news.
The dollar, meanwhile, trimmed losses against the yen and
last traded at 95.08, down 0.1 percent on the day. It had been
trading at about 94.96 before the news.