On Weak Ground

Summary


FOREIGN CURRENCY SPOTLIGHT

Moving News

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On Weak Ground

* USD: The dollar managed to bounce from its low against the yen due to

statements from German Chancellor Gerhard Schroeder and Japanese Prime

Minister Junichiro Koizumi denouncing gains in their countries'

currencies. However, the dollar continued to be on weak ground. The huge

United States current account imbalance remained...

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