NewsWhore
03-10-2009, 01:20 PM
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Dollar Weakens as Global Stock Rally Reduces 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%3DaL9PrImfrLoQ%26refer%3Dasia&cid=1313569025&ei=GqK2SeiHNpX6gQO_kcGjCg&usg=AFQjCNEm11f-N1DyYCGwixImfxLLT9TF8Q)
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 dollar weakened 1.1 percent to $1.2756 per euro ...
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%3DaL9PrImfrLoQ%26refer%3Dasia&cid=1313569025&ei=GqK2SeiHNpX6gQO_kcGjCg&usg=AFQjCNEm11f-N1DyYCGwixImfxLLT9TF8Q)
Dollar Weakens as Global Stock Rally Reduces 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%3DaL9PrImfrLoQ%26refer%3Dasia&cid=1313569025&ei=GqK2SeiHNpX6gQO_kcGjCg&usg=AFQjCNEm11f-N1DyYCGwixImfxLLT9TF8Q)
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 dollar weakened 1.1 percent to $1.2756 per euro ...
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%3DaL9PrImfrLoQ%26refer%3Dasia&cid=1313569025&ei=GqK2SeiHNpX6gQO_kcGjCg&usg=AFQjCNEm11f-N1DyYCGwixImfxLLT9TF8Q)