Dollar Plunges on Fannie Mae and Freddie Mac Scare

 12.07.2008 03:20   actionforex.com

The dollar was sharply lower versus other key currencies Friday after mortgage lenders Fannie Mae and Freddie Mac saw their stocks plummet on fears they may have to be nationalized for a lack of capital. US Treasury Secretary Henry Paulson offered no hint of a bailout but said the government...

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