23.12.2009 - Dollar slips after disappointing US GDP report

From Dow Jones: The dollar declined against the euro Tuesday after a worse-than-expected measure of U.S. economic growth cut into the perception the U.S. was emerging from recession at a quicker pace than its competitors. The slower than previously reported growth could dim expectation the Federal Reserve will increase key interest rates sooner than had been expected, kicking the legs out from under the dollar's recent support........................................Full Article: Source

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