Bloomberg update

Dollar Declines on Speculation Fed Rescue Package Won't Succeed

March 12 (Bloomberg) -- The dollar fell against the euro and the yen on speculation the Federal Reserve's plan to provide funds to banks won't be enough to break the gridlock in money- market lending and stem credit losses.

Dollar to Extend Drop Against Yen as Economic Outlook Worsens

March 12 (Bloomberg) -- The dollar will extend its decline against most major currencies in the next six months as the U.S. economic slowdown deepens, a survey of Bloomberg users showed.


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