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Dollar Reaches 10-Month High
The U.S. Dollar is surging to new highs based on the weak Euro.
March 10, 2012- On Friday, the dollar jumped to a 10-month high on the jobs report released by the U.S. government. The jobs report was much better than most analysts had expected and helped the dollar jumped to its highest level against the yen in 10 months.
The dollar also increased against the euro as Fitch downgraded the debt in Greece. Private investors agreed to the restructuring plan offered by the country nevertheless, Greece...