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The U.S Dollar Slips after Fed Decision

November 27th, 2009

The USD lost some ground against major counterparts Wednesday after the Federal Reserve left Interest Rates unchanged and made only slight changes to its monetary statement. The greenback slid 0.9% to $1.4860 per EUR from $1.4724 yesterday. It touched $1.4902, the weakest level since Oct. 27. The U.S dollar suffered a broad-based decline, trading lower [...]

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Author: admin Categories: Currencies Tags: ,