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USD Declines On Worries Of Falling US Interest Rates

Discussion in 'Fundamental Analysis' started by ActionForex.com, May 12, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The dollar fell against most major currencies on Monday after Federal Reserve Bank of Chicago President Charles Evans said the US economy faced 'substantial' downside risks to both growth and inflation. However, the greenback gained against the yen as US equity prices rallied reducing risk aversion. Sterling recovered from early...

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