Dollar mixed on deeper trade deficit, Greece woes

Associated Press
May 11, 2011

The dollar is mixed against major currencies Wednesday after a report showed a growing U.S. trade deficit.

The euro slid amid concerns about Greece’s ability to shrink its debts as strikers marched in Athens to protest government spending cuts. Greek citizens are angry about the cuts that European officials and the International Monetary Fund have demanded in exchange for aid. European officials have said that a second round of emergency aid for Greece is contingent in part on seeing economic reforms implemented.

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This article was posted: Wednesday, May 11, 2011 at 11:13 am

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