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Thursday, April 25, 2024

QE3 effect pushes dollar lower

QE3 effect pushes dollar lower (via AFP)

The Federal Reserve's open-ended QE3 stimulus and a rise in eurozone confidence pushed the dollar lower Friday, passing the $1.31 per euro line for the first time since early May. The impact of the stimulus program announced Thursday continued to shake through markets, leaving the euro back in its…


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