Dollar keeps rising on global economy worries

19 November 2008 @ 09:29 am EDT

The Dollar was stronger on Tuesday as investors continue to seek for safety. But a late rally on Wall Street limited dollar gains against Euro and Sterling and boosted it against the Yen on hopes that financial market turmoil may be starting to ease. Market players remain prudent as the euro zone and Japan are already falling into recession in Q3 and US data are showing a sharp slide in home prices for Q3 and a record decline in producer prices last month.

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