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The U.S. dollar fell against most major currencies this morning

Jul 22,2008

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The U.S. dollar fell against most major currencies this morning. The Great British pound closed relatively unchanged yesterday, though it rallied marginally overnight and early today following negative bank earnings that have led to renewed concerns about the U.S. economy. The euro closed higher yesterday and has traded in a narrow band overnight and this morning. Ahead of Thursday?s Reserve Bank of New Zealand?s rate decision, the New Zealand dollar was little changed in the past 24 hours.

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