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Tuesday, 20 September 2011

Tuesday's Currency News


Greek debt fears push euro lower
Euro drops sharply and dollar finds haven support as fears escalate over the eurozone debt crisis and investors rush to safety

Brazil to seek new arms for currency battle
Move comes as the country is increasingly blazing its own path in its efforts to deal with the fall out of the global economic crisis

Traders flex muscles as eurozone dithers
The dollar rally suggests a lack of confidence in European leadership. A day of reckoning for the euro may soon be at hand

Dollar's rebound bodes ill for Wall Street
The tailwind from a weak dollar has given US stocks a lift for much of the year but fears are now growing that it could turn into a headwind

Rise of emerging markets currencies falters
Asian central banks allow currencies to fall fast in what analysts call 'stealth easing', especially in the South Korean won and Singapore dollar


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