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Saturday, May 18, 2013

Safe Haven Currency US Dollar Hits Highest Level as Expectations Federal Reserve Might End Stimulus Sooner

Safe haven currency US Dollar firms as focus turns to Fed policy, Dollar benefits from talk by Federal Reserve committee member John Williams that central bank should begin cutting asset buying by the end of the year

Finally US Dollar recovers to approach one-year high, Dollar hits highest level since July on optimism over strength of US economy and expectations Federal Reserve might end stimulus sooner than thought

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