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Friday, October 15, 2010

Dollar pares its earlier drop

Friday, October 15, 2010
Dollar pares its earlier dropThe dollar retraced its earlier losses today against majors as depicted by the dollar index, which tracks the performance of the green currency versus six major currencies, as it rebounded from a low of 76.14 to a high of 76.92 where the dollar retreated after Bernanke remarks then it rebounded. Fed Chairman confirmed today that adding to stimulus is guaranteed

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