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Dollar Negative News Outweighing Positive

Forex News "A number of factors weigh against the USD in our view, with rising policy rates in much of the emerging world and stable policy throughout the G10 leaving the currency exposed to further erosion of interest rate support," say currency analysts at Credit Suisse in a research note, as the NY trading week begins. "There is one item of positive news for the USD to note this morning, however. Roche AG has offered to buy the portion of Genentech Inc. that it doesn't already own for $43.7bln."




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