The dollar fell to its lowest level in 5 months

dolaresIt seems that in the foreign exchange market has returned to shine risk appetite, causing the dollar reached its lowest level in nearly five months against major currencies like the euro, yen and sterling.

What happened is that over statements by the U.S. Treasury secretary, Timothy Geithner, who said the financial system was starting to heal thanks to the efforts of government bailout, investors began to operate again at increased risk.

The recent losses to the dollar recently has its explanation in the minutes of the most recent meeting of Federal Reserve policies, which showed that the central bank consider increasing the purchase of mortgage securities, agency and government, which would


increase even more dollars into the global financial system.

Meanwhile, according to some experts in New York, what is happening is that money is coming out of deposits denominated in dollars and returning to riskier assets.

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