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Dollar Mixed; Intervention Comments Help Briefly

Forex News The USD is mixed, helped in places by a rebound in financials, softer crude prices and falling risk aversion that has boosted equities, but hurt in others by a report in the FT that sovereign wealth funds, including China's SAFE, are seeking to scale back exposure on their dollar denominated assets. Comments from Bernanke that intervention could be warranted for calming disorderly markets also lifted the USD, but not for long. The USD is up at Y105.43. But the EUR is up at $1.5863, while the GBP has climbed to $2.0003.



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