Dollar Falls on Speculation Auto Plan Will Boost Yield Demand

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The dollar fell against the euro on speculation President Barack Obama will announce further assistance to the U.S. auto industry, encouraging investors to seek higher-yielding assets.Japan’s currency strengthened versus the greenback, paring its first quarterly loss since June, on prospects domestic companies are bringing funds earned overseas back home before the end of the financial year next week

Austin K
Austin Khttps://www.megri.com/
My Name is Austin K. I work as Digital Marketing Professional at Megrisoft Limited London Office. I am blogger and write on topic of News, Technology and Travel. I love Starbucks.

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