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U.S. Dollar Edge Lower on Rumors of Bank Bailout
Tuesday, 02 December 2008 08:23:47 GMT  |  DailyFX Research
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USD edged lower on U.S. bank stake rumor, with speculation that USD 150 bln will be invested in 52 banks by the U.S. Treasury. U.S. equity market futures have turned highs and European indices pared earlier losses, leading to an unwinding in earlier safe haven trades via USD and JPY.

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