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Automakers bailout plan helped investors shift away from Dollar cash assets.
The Dollar fell to a 2-week low against the Euro on Wednesday and the Yen weakened as US lawmakers reached tentative agreement to extend emergency loans to the auto industry, helping to calm investor anxiety. The White House and Congressional Democrats had reached a deal in principle on a $15 billion plan to help automakers restructure and avoid bankruptcy. Stocks rose and investors' rush into... ...More...
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