Monday, June 11, 2007

U.S. stocks flat on rate fears; dollar gains

(Reuters) - The dollar rose to a 3-1/2-month high against the Swiss franc on higher Treasury yields. In contrast, the New Zealand dollar recorded its largest decline in more than a year on Monday after the Reserve Bank of New Zealand intervened in the market for the first time in 22 years and sold its own currency.




Gold rose, recovering from last week's sharp sell-off.


Read more at Reuters.com Hot Stocks News

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