(Bloomberg) -- The dollar traded near the strongest
in more than two weeks against the euro on speculation the
world's biggest economy can withstand rising mortgage defaults.
The dollar may extend a rebound from a record low against
the euro and a 26-year low versus the British pound before a
report tomorrow that economists forecast will show the U.S.
economy grew at the fastest pace in more than a year in the
second quarter. The Standard & Poor's 500 Index climbed
yesterday, helped by better-than-expected earnings.
Read more at Bloomberg Currencies News
in more than two weeks against the euro on speculation the
world's biggest economy can withstand rising mortgage defaults.
The dollar may extend a rebound from a record low against
the euro and a 26-year low versus the British pound before a
report tomorrow that economists forecast will show the U.S.
economy grew at the fastest pace in more than a year in the
second quarter. The Standard & Poor's 500 Index climbed
yesterday, helped by better-than-expected earnings.
Read more at Bloomberg Currencies News
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