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FX Street - The USD fell to a one-week low against the EUR

Good morning from Hamburg and welcome to Varengold’s Daily FX Report. News from the US could be important for this week, after the US government suggested a take over of the most important financially stricken banks. However we hope you will have a nice week. Market review The USD fell to a one-week low against the EUR on expectations the government will take larger stakes in U.S. banks, adding to signs the credit crisis may deepen the U.S. recession. The USD dipped for a third day against the

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