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Daily Video Recap: Dollar Stumbles on Manufacturing Data

Featured \ Nick Nasad \ 4:01 PM EST \ July 15th, 2010
nnasad

The US Dollar continues to suffer against the other major rivals – the Euro, Pound and Yen – as its data continued to support the view that the US recovery is slowing and the Fed will have to push back interest rate hikes to next year. Currencies tied to global growth such as the Australian and Canadian Dollars traded sideways on concerns about the global economy.

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