Weak stocks reverse Dollar gains as risk aversion spikes higher U.S. Dollar Trading (USD) with little data out today the Dollar took its cue from stocks and commodities. Initial speculation that the G8 would try to tackle the high cost of oil buoyed the Dollar during the Asian and European sessions before reversing on US stock weakness. More concerns from the banking sector lead by mortgage lenders Fannie Mae and Freddie Mac sent stocks spiraling lower dragging the dollar down as well. In the ...
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