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Unread 12-08-2010, 07:25 AM
gnutrade.satya gnutrade.satya is offline
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Smile The dollar rose the most against the yen

The euro was seen underpressure as the euro zone appeared split on how to tackle the region's debt crisis. The dollar rose the most against the yen when a proposed extension of US tax cuts triggered higher Treasury yield.
David Rodriguez, strategist at DailyFX said: "If the (Irish) parliament fails to approve proposals, we could see a fresh flare-up in euro zone tensions and the euro could fall sharply against major forex counterparts."
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