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Tuesday, June 30, 2009
USD Declined Against A Basket Of Major Currencies
On Monday the USD declined against a basket of major currencies on speculation that a U.S. report may show that the consumer confidence increase to a multi-month high today, which may boost the risk appetite and increase demand for higher-yielding currencies. The EUR/USD rose from 1.4053 at its opening to 1.4082 at its closing and gained in the early Tokyo trading hours 0.24 % further.
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