Dollar Sinks vs Yen as US Stocks Decline, But Dollar Up vs. Other Rivals to End Week
Friday, August 29th, 2008
The Dollar gained on the Euro after the Euro-zone put out cooler inflation data. The Loonie was pressured by weak GDP data, and the Pound is falling prior to next week's bank meeting. US stocks suffered after a weak US spending report. Positive data boosted the Yen.
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