Dollar edges down, yen gains as caution prevails

By Pete Southern in Uncategorized | December 3, 2007 9:00 |

TOKYO (Reuters) – The dollar dipped against the euro and yen on Monday as market players took profits on last week’s gains scored after Federal Reserve officials signaled they would cut interest rates as needed to help the economy and markets recover.

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Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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