FOREX-Dollar gets safe haven bid on US GDP data – Reuters

Filed Under (Forex technical) by on 27-02-2009

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FOREX-Dollar gets safe haven bid on US GDP data
Reuters
By Nick Olivari NEW YORK, Feb 27 (Reuters) – The dollar rose broadly on Friday as poor US economic data, weak equity markets and global banking concerns prompted rising risk aversion which led to safe-haven buying of the US currency.
FOREX-Dollar gains on safe-haven bid after grim GDP data Reuters
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