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Thursday, July 22, 2010

Dollar Losses on Growth Concerns Restrained by Euro Uncertainty

The fundamental outlook for the US and its currency continue to deteriorate with each passing week. This isn’t necessarily unusual in the context of a global leveling off in economic activity; but as the proxy for the rest of the world, the United States inequities are magnified by discriminating investors.

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[Source: DailyFX Forex Market News]

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