Thursday, April 14, 2011

Dollar Slides on Asia, Europe Monetary Tightening; Silver Gains [Thursday, April 14, 2011]

April 14 (Bloomberg) -- A gauge of dollar strength dropped to a 16-month low as the prospect of monetary tightening in Asia and Europe sapped demand for U.S. assets. Concern that global inflation is accelerating drove silver toward a 31-year high.


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