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Currencies – Dollar Goes Down as Economy Demonstrates Strength

Posted on: May 2, 2011

The US dollar extended its fall today as the global economy continues to show robust recovery and on speculations that the Federal Reserve will lag behind other central banks in increasing interest rates. The Dollar Index dropped 0.2 percent from 72.933 on April 29 to 72.764 as of 11:05 in New Yo

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