(Bloomberg) -- The dollar fell against the euro and
yen as a gauge of corporate bond risk rose, fueling speculation
losses on securities backed by subprime mortgages will worsen.
The U.S. currency declined to $1.3669 against the euro as
of 11:43 a.m. in London, from $1.3636 late on July 27. It traded
at 118.13 yen, from 118.63.
Read more at Bloomberg Currencies News
yen as a gauge of corporate bond risk rose, fueling speculation
losses on securities backed by subprime mortgages will worsen.
The U.S. currency declined to $1.3669 against the euro as
of 11:43 a.m. in London, from $1.3636 late on July 27. It traded
at 118.13 yen, from 118.63.
Read more at Bloomberg Currencies News
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