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Euro Gains Versus Dollar on Inflation, Interest-Rate Outlook

Story date: 2007-10-15 09:32:00
Added on: 2007-10-15 11:00:18


Bloomberg - Current interest rates are working against the dollar and for the euro,'' said David Powell, a currency strategist with IDEAglobal ... bank, said third-quarter earnings declined 57 percent as it wrote down leveraged-buyout loans and subprime- mortgage ...


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