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Friday, October 16, 2009

Dollar Rebounds on Undervaluing Speculations

Dollar Rebounds on Undervaluing Speculations
October 17th, 2009

The U.S. dollar had a weak performance this week reaching record lows versus the euro and the Australian dollar but managed to pare some of its losses as traders could think the current devaluation may be too severe and that it would not reflect economic fundamentals in the U.S.

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