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US Dollar Plunges On Demand for Risky Assets – Will A Drop In ISM Non-Manufacturing Matter on Wednesday? (Daily FX)

The US dollar pulled back sharply on Tuesday, especially against the high-yielding commodity dollars, amidst a pickup in demand for carry and an improvement in investor sentiment.

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US Dollar Plunges On Demand for Risky Assets – Will A Drop In ISM Non-Manufacturing Matter on Wednesday? (Daily FX)

This entry was posted on Tuesday, November 4th, 2008 at 1:54 pm and is filed under Forex. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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