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The U.S. dollar index has been enjoying some strength lately as the greenback has been a safe haven currency. Now, however, things might be turning around. As signs that the global recession might start a retreat -- thanks to U.S. economic stimulus
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The last couple of trading days have been catastrophic for bullish traders, as the major indices and currency pairs have retraced severely after touc[...]
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Sentiment is not lousy enough to provide a floor for the U.S. dollar. So it looks like the dollar will continue its fall.
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The US dollar gained against the Japanese yen today on the speculation that the extended tax cuts would help the economy of the US. The currency also[...]
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After Yesterday's fall the Euro managed to regain some value reaching a high of one.3568. Overall the currency's gains were limited though as perma[...]
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