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Dollar Falls to Record Low Against Euro on Growth, Fed Outlook

Story date: 2007-10-18 07:13:00
Added on: 2007-10-18 08:05:32


Bloomberg - It earlier reached 115.29, the lowest since Oct. 2. The dollar has dropped 7.7 ... Standard & Poor's cut ratings on $23.4 billion of mortgage securities yesterday ... The Fed needs to cut rates sooner rather than later,'' said Steven Butler ...


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