14.01.2009 - Dollar hits 1-mth high vs euro on risk aversion

From Forbes: The dollar rallied broadly on Tuesday, hitting a one-month high against the euro as falling shares and weak oil prices underlined the global economy's problems, cranking up the drive to shed risky positions. Escalating risk aversion also boosted the low-yielding Japanese yen to its highest level against the dollar in nearly four weeks..... Full Article: Source

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