Dollar Drops to Three-Week Low Versus Yen; Euro Jumps

By Ron Harui and Monami Yui

The dollar fell to a three-week low against the yen on speculation the Federal Reserve will reiterate next week its intention to keep interest rates near zero, damping the appeal of U.S. assets.
The euro surged to a 16-month high versus the dollar in the holiday-shortened trading week ...
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Comment: Well in line with our scenario -
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