From the daily archives: Tuesday, March 9, 2010

The dollar recovered losses versus the euro and rose against the pound, but fell versus the yen in quiet trading Tuesday.

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March 9 (Bloomberg) — The yen rose against most of its major counterparts as demand for higher-yielding assets ebbed after Fitch Ratings said implementation of Greece’s deficit- cutting plans can’t be taken for granted.

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The euro lost ground against the dollar Tuesday on revived concern for the financial fate of Greece and other eurozone members and resistance to a planned IMF-style European Monetary Fund.

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