NewsWhore
03-10-2009, 07:00 PM
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Dollar May Extend Losses as Stock Rally Curbs Safety Demand (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaCC0c3e1eb5Y%26refer%3Djapan&cid=1313195958&ei=yPG2SdLmDJGyMfD90e4J&usg=AFQjCNGHmYUBnNcnUIi1FPnY9R3kd0sH3A)
Bloomberg
“When stocks go back up, people dump the dollar immediately,” said Andrew Busch, a global currency strategist in Chicago at BMO Capital Markets, a unit of Canada’s fourth- largest bank. “Then whenever it starts to look more risky, they sell euros, ...
More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaCC0c3e1eb5Y%26refer%3Djapan&cid=1313195958&ei=yPG2SdLmDJGyMfD90e4J&usg=AFQjCNGHmYUBnNcnUIi1FPnY9R3kd0sH3A)
Dollar May Extend Losses as Stock Rally Curbs Safety Demand (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaCC0c3e1eb5Y%26refer%3Djapan&cid=1313195958&ei=yPG2SdLmDJGyMfD90e4J&usg=AFQjCNGHmYUBnNcnUIi1FPnY9R3kd0sH3A)
Bloomberg
“When stocks go back up, people dump the dollar immediately,” said Andrew Busch, a global currency strategist in Chicago at BMO Capital Markets, a unit of Canada’s fourth- largest bank. “Then whenever it starts to look more risky, they sell euros, ...
More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaCC0c3e1eb5Y%26refer%3Djapan&cid=1313195958&ei=yPG2SdLmDJGyMfD90e4J&usg=AFQjCNGHmYUBnNcnUIi1FPnY9R3kd0sH3A)