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| UPDATE: Asian Currencies, Bank Stocks Rise On U.S. Bailout (INO News) |
| SINGAPORE (Dow Jones)--Heightened risk appetite helped Asian currencies against the U.S. dollar and Asian financial services shares surged, spelling the early Monday market reaction to the U.S. government's housing-lender bailout. |
| Won drive currencies down as investors dump stocks (Gulf Times) |
| BEIJING/MUMBAI: Asian currencies had a weekly decline, led by South Korea’s won and Indonesia’s rupiah, on signs investors are dumping emerging-market assets as a deepening US slowdown threatens to damp global growth. |
| Currencies: Dollar higher on Fannie, Freddie bailout (Market Watch) |
| The U.S. government’s massive rescue of troubled mortgage giants Fannie Mae and Freddie Mac put the U.S. dollar and government bonds under pressure Monday as traders reversed out of safe-haven plays, triggering a sharp rally in global equity markets. |
| Asian currencies lower against dollar (The Economic Times) |
| Asian currencies ended the week mostly down against the US dollar despite growing concerns over the world's biggest economy and data from Washington showing rising unemployment. |
| Dollar mixed, gold down in Europe (AP via Yahoo! Finance) |
| The U.S. dollar was mixed against other major currencies in European trading Monday morning. Gold fell. The euro traded at $1.4222, down from $1.4243 late Friday in New York. |