Lingering Fears Hit Dollar

 11.07.2008 17:13   actionforex.com

The greenback slumped in the Friday session amid a combination of persistent concerns over the solvency of Fannie Mae and Freddie Mac, and rallies in the commodity markets, particularly oil trading to $147 per barrel. The dollar plunged to a 25-year low against the Australian dollar beyond the 0.97-level to...

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