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Hopes of an automaker rescue and Government spending pushed the Dollar and Yen lower.
The Dollar fell on Monday as President-elect Barack Obama's plan for massive infrastructure spending lifted global stock markets, spurring investors to reduce holdings of safe-haven Dollars and take on more risk. Congressional Democrats had sent on Monday a $15 billion auto sector rescue package proposal to the White House for consideration. This also helped global risk appetite, pushing the... ...More...
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