Monday, July 16, 2007

Dollar stays weak, nagged by subprime concerns

(Reuters) - "We're seeing ongoing weakness in the dollar due to concerns about the subprime market," said Hideaki Inoue, forex manager at Mitsubishi UFJ Trust and Banking, as Tokyo traders returned from a market holiday on Monday.




"The market wants to see exactly what impact the recent problems in the subprime market will have on the rest of the economy."


Read more at Reuters.com Hot Stocks News

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