danierusan111
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Euro Falls Against Dollar - 2008/09/30 20:32
Hi guys! This week all markets are depending on the US Congress. I will be watching the news. Let's hope all markets raise again at least up to normal levels... 
The euro fell a second day against the dollar as France and Belgium led a state-backed rescue of Dexia SA, the world's biggest lender to local governments.
The 15-nation currency also weakened against the British pound after Belgian Prime Minister Yves Leterme said Dexia will receive about $9.2 billion to shore up its capital. The dollar rose against the yen on speculation the U.S. Senate will salvage a $700 billion bank-bailout plan as early as tomorrow after Congress rejected it yesterday. The yen dropped against 14 of the 16 most active currencies as European stocks rose, reviving purchases of higher-yielding currencies funded in Japan.
The euro fell to $1.4315 at 7:52 a.m. in New York, from $1.4434 yesterday. The yen slid to 150.55 per euro from 150.38. It earlier reached 148.84, the strongest since Sept. 17. The yen also weakened to 105.17 per dollar from 104.18, after earlier reaching 103.54, the most since Sept. 16.
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