09.12.2008 - US dollar's allure as safe haven dims

From Guardian: The U.S. dollar fell against the euro and most other major currencies on Monday as talk of an imminent bailout deal for the three U.S. automakers boosted stocks around the world and helped to ease risk aversion. The rise in benchmark world stock indexes sent the low-yielding Japanese yen and U.S. dollar lower against the Australian dollar, sterling, and other currencies offering higher interest rates but also higher risk..... Full Article: Source

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