Greenback Gains as US Q2 GDP Tops Estimates |
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Greenback Gains as US Q2 GDP Tops Estimates The dollar rose against most of its rivals Thursday on higher-than expected US Q2 GDP revisions and falling oil prices. The euro reversed overnight gains on declining oil prices. Sterling fell against the dollar and approached a record low against the euro as the UK economic outlook continued to deteriorate. The Canadian dollar fell in tandem with oil prices after the Energy Department said it is ready to release oil from the Strategic Petroleum
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