SubscribeUS Session: Investor Capital Flows Freely into Equities and Commodities as the Dollar Depreciates
June 1st, 2009 • Related • Filed Under
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The dollar tumbled to its lowest level this year against most of the G10 as improving equity markets and surging commodity prices revealed signs of an abating recession and sparked fears of inflation. Stock indexes rose in the US and Europe with the Dow up 2.34% or 198pts and the SPX higher by 2.50% or 22.98pts. The dollar index fell .8% to its lowest level this year after the government… | ||||||||||||||||||||
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