Dollar rises against the Euro and the sterling as oil falls |
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The dollar rose to its highest level since February against the euro on speculation oil prices near a four-month low will support economic growth in the U.S., the world's largest energy consumer. The U.S. currency advanced to its strongest level in more than two years versus the British pound as Hurricane Gustav weakened ``The decline in oil and weak economic activity in Europe are contributing to the dollar's rise,'' said Satoru Ogasawara, foreign-exchange analyst and economist in Tokyo at Read More...
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