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| FOREX Reports |
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Greenback recovers against euro |
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Dollar recovered against the euro yesterday supported by a further drop in oil prices and improved confidence in the US financial sector. |
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Sterling gains momentum |
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Sterling rose against dollar Wednesday after Bank of England minutes showed a policymaker had favored an interest rate rise. |
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Dollar hits four-week high against Yen |
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The dollar increased to a four-week high against the yen and strengthened versus the euro as a US government rescue of Fannie Mae and Freddie Mac moved closer to congressional passage and crude oil prices fell. |
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