USD Higher, UK Debt Woes, Uncertainty about Greek Aid

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03-01-2010, 08:53 PM

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USD Higher, UK Debt Woes, Uncertainty about Greek Aid

The USD traded higher Monday supported by a collapse in the GBP, weaker than expected PMI data from China and a denial from German Chancellor Merkel of report of an imminent Greek bailout. GBP was pressured by UK election polls and concern about UK government debt. China's February PMI declined...

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