Dollar falls versus euro and yen

Posted by 7Star Sunday, January 24, 2010

The dollar fell against the euro and yen on Friday as investors exited risky trades, unnerved by US President Barack Obama's proposals to limit risk-taking by US banks. The yen, which often benefits when investors grow nervous, touched a five-week high against the dollar and hit a nine-month peak against the euro, while global stock markets slumped for a second day.

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