Dollar Weakens on News US Expected to Trail G7

The dollar fell to $1.4871 per Euro by mid-morning trading in New York today compared to $1.4861 at yesterday’s close. At one point, the dollar fell to $1.4917 – its weakest level since October 27th on speculation that the US will trail most of the G7 in growth recovery, forcing the US to maintain economic stimulus spending longer.

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