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US 'Actively Working' on Weaker Dollar: Fund Manager

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11-12-2009, 03:30 PM

CNBC News

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US 'Actively Working' on Weaker Dollar: Fund Manager

The U.S. dollar rallied broadly on Thursday after a weekly jobless report triggered strength in the currency. Overall, the greenback has been very weak, sliding over 4 percent in the last three month. Axel Merk, manager at Merk Hard Currency Fund, shared his insights on the dollar.

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