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Old 03-04-2010, 03:10 PM
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Default Mid-Day Report: Yen Reversed as 3-Month Libor Drops Below Dollar

Yen failed to ride on earlier strength and weakens sharply in early US session as three month Lib or dropped below dollar for the first time since August. LIBOR for three month yen loans dropped to 0.251% comparing 0.252% for dollar loans. The greenback can now declare that it's not...
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