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Commodities Briefing - Categorized | Currencies, Investment more

Investors doubtful about dollar’s upside

Posted on 29 May 2009

From Reuters: Already armed with multiple reasons to sell dollars, investors focused on another one this week: speculation that rising long-term U.S. interest rates will force the Federal Reserve to buy more government debt.

That should encourage investors already betting against the greenback to continue selling, possibly sending it to new multi-month lows against several major currencies…….Full Article: Source


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