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USD Rally Continues

Discussion in 'Fundamental Analysis' started by ActionForex.com, Aug 16, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The dollar continued rallying versus its rivals Friday. The GBP/USD dropped for an 11th day, the longest losing streak in at least 37 years, on speculation a UK recession will force the Bank of England to lower interest rates. The Australian dollar fell as commodity prices declined and traders bet...

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