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Wednesday, May 23, 2012

Euros Sinks Back To 4-Month Low, US Dollar On The Up

The Euro rebound proved to be short-lived as the single currency sank back down to its recent 4-month low, fueled by further speculation that Greece will exit the Euro Zone.
Meanwhile, the US Dollar climbed to a 20-month high across the board. The US Dollar also rose against the Japanese Yen after Fitch downgraded Japan's sovereign credit rating.

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