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America isn’t looking great, but Europe is looking worse

Posted by sunnyspeaks 1298 days ago (http://blogs.reuters.com)
Category: Economy | Tags: america britain dollar euro europe
True, in spite of the financial crisis, over the past six weeks the dollar has strengthened substantially against the euro and the British pound, although Wednesday’s half percentage point Federal Reserve rate cut caused the dollar to slip. But the dollar has lost value relative to the Japanese yen.
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