Dollar hits record lows on US growth worries |
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News and Events: The Dollar fell to an all-time low versus the Euro for a third straight day on Thursday after Federal Reserve Chairman Ben Bernanke warned some small US banks could fail and flagged further interest rate cuts. Market mood on Dollar also was soured by news the government’s second reading on 4Q US growth was unchanged from its advance estimate of 0.6%, whereas economists had forecast a slightly stronger result. A surprise big jump in initial weekly jobless claims also added to
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