NewsWhore
03-10-2009, 11:10 AM
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Dollar Weakens as Global Stock Gains Reduce Demand for Safety (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaubY97Yo6_9o%26refer%3Dasia&cid=0&ei=o4O2SZKPLIqegwP72ImlCg&usg=AFQjCNHdViooULFgAcPGpRXonEzPE8kxAg)
Bloomberg
“People might be willing to take on a bit more risk if equities bounce,” said Benedikt Germanier, a currency strategist at UBS AG in Stamford, Connecticut. “That would help the euro, hurt the dollar.” The US currency weakened 1.3 percent to $1.2773 per ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaubY97Yo6_9o%26refer%3Dasia&cid=0&ei=o4O2SZKPLIqegwP72ImlCg&usg=AFQjCNHdViooULFgAcPGpRXonEzPE8kxAg)
Dollar Weakens as Global Stock Gains Reduce Demand for Safety (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaubY97Yo6_9o%26refer%3Dasia&cid=0&ei=o4O2SZKPLIqegwP72ImlCg&usg=AFQjCNHdViooULFgAcPGpRXonEzPE8kxAg)
Bloomberg
“People might be willing to take on a bit more risk if equities bounce,” said Benedikt Germanier, a currency strategist at UBS AG in Stamford, Connecticut. “That would help the euro, hurt the dollar.” The US currency weakened 1.3 percent to $1.2773 per ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaubY97Yo6_9o%26refer%3Dasia&cid=0&ei=o4O2SZKPLIqegwP72ImlCg&usg=AFQjCNHdViooULFgAcPGpRXonEzPE8kxAg)