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    Why is the dollar surgung?

    0  Views: 441 Answers: 2 Posted: 9 years ago

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    The Dollar Index rose 0.5 percent as the euro slipped 1 percent to $1.4260 and Italian and Spanish bonds reversed gains amid concern a deteriorating global economy will worsen the European debt crisis.


    Mostly due to the danger of Spain and Italy to get into recession and also an increase in the risk of a stock meltdown due to poor results from some of the top companies in the stock exchange.


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