21.01.2009 - Dollar gains, pound suffers on UK bank woes
From Guardian: The dollar climbed broadly on Tuesday, boosted by sterling's tumble to a 7-1/2 year low on UK banking sector concerns, while the view that the euro zone will suffer a deep recession pushed the euro to a six-week low. The dollar hit its strongest level against a currency basket since early December, with market participants also saying that euphoria ahead of Barack Obama's inauguration as U.S. president had increased short-term demand for the U.S. currency..... Full Article: Source
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