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News Link • Dollar Meltdown The

Dollar slumps, tugged by gold, stocks

• Marketwatch
 "It almost appears as if traders cannot stop selling dollars," said Kathy Lien, director of currency research at Global Forex Trading. "Newton's Law fully applies right now -- the dollar will continue to fall unless it has a good reason not to."
Oil futures rose above $74 a barrel in earlier trading, the highest in seven weeks. Gold futures jumped to a record high near $1,070. See Futures Movers. See Metals Stocks.

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