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Excerpt from:  Forex
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January 16, 2008

Economic Worries Push U.S. Dollar Lower on FX Market

Dollar weakness in currency trading
The U.S. dollar is reaching lows against the Japanese yen in currency trading on the FX market this morning. Fears of recession have set in for the U.S. economy, and the dollar is dropping against a variety of major currencies. The BBC reports on the U.S. dollar on the FX market:

Deepening gloom over the prospects for the US economy has sent the US dollar to its lowest level against the yen since May 2005.
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Topic Tags:  currency trading, dollar currency trading, dollar weakness, FX market, Japanese yen currency trading, major currencies, recession U.S. economy, U.S. dollar FX market
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