Wednesday, May 4, 2011

Dollar Falls to Three Year Low







* Weak U.S. jobs, services data add to dollar's woes

* Euro hits 17-month high but fades ahead of ECB meeting

* Dollar at 6-week low vs yen; high-yield FX struggles

* One-month euro/dollar implied vols rise again (Updates prices, adds more details on options)

NEW YORK, May 4
(Reuters) - The dollar slumped to a three-year low against major
currencies on Wednesday and its outlook

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