Forex outlook: dollar may extend gains

Posted by 7Star Sunday, January 24, 2010

The dollar could extend gains next week as worries about Greece's finances continue to haunt the euro and as investors focus on an interest-rate meeting by the US Federal Reserve. The European single currency dropped to a near six-month low this week and was on track for its biggest weekly fall against the dollar in a month on concerns about the national finances in some smaller euro zone countries.

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