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  • The US$ tumbles

    The US$ took a major tumble yesterday, as traders decided the Bear Stearns news meant there was little risk of central bank intervention. Against the Japanese yen it fell almost 2.5% during the day, closing at ¥97.35, as shown on the chart. It also fell 2% against the Swiss Franc to SwFr 0.98, and continues...
    Posted to ICIS Blogs (Weblog) by Anonymous on 03-18-2008
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