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View Full Version : Dollar Trades Near One-Month Low on Reduced Demand for Safety - Bloomberg



NewsWhore
05-04-2009, 11:00 PM
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Dollar Trades Near One-Month Low on Reduced 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%3D20601101%26sid%3DaE9eqEDcscYc%26refer%3Djapan&cid=1344833334&ei=sq3_SbqQDYvGsgbRsPGHCA&usg=AFQjCNGIBocf0MlXQIcG71APk2ZC3AZCEA)
Bloomberg - Ron Harui (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Ron Harui%22&hl=en&ned=us&ie=ISO-8859-1)
“Investors are being cheered by an improving global outlook,” said Danica Hampton, a currency strategist at Bank of New Zealand Ltd. in Wellington. “This backdrop is likely to lead to reduced demand for the dollar and the yen as ‘safe- haven&#39; ...


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