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Dollar hits 5-week high

Πέμπτη, 01 Μαΐου 2008 19:58

The U.S. dollar rallied to its best level in over a month against the euro as economic data supported the belief the Federal Reserve is on the sidelines for the time being.A strong dollar put further pressure on commodity prices like oil and gold. The tech-heavy Nasdaq was up more than one percent after Symantec's solid results released late-Wednesday. ExxonMobil's big profit was below targets. Conway Gittens reports from New York.


Reuters