Financial Briefs

Breaking financial news from Wall Street to Main Street

Dollar perks up as traders hold breath for financial rescue

Posted by financialbriefs on September 26, 2008

The dollar edged slightly higher against the euro on Friday despite a downward revision to US growth and as traders held their breath for US politicians to decide the fate of a huge financial rescue package.The US Federal Reserve meanwhile launched a new effort with other central banks to keep money markets alive as US lawmakers wrangled over a plan to end the worst financial crisis in almost a century.

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