Thursday, April 26, 2007

GLOBAL MARKETS-Stocks at record highs, dollar at lows

(Reuters) - The dollar was close to an all-time trough against the euro after hitting the lowest level on Wednesday against a trade- weighted basket of major world currencies since the Bretton Woods fixed exchange rate system broke down.

Stock markets, however, rallied after a strong performance from Wall Street, where the Dow Jones industrial average closed overnight above 13,000 for the first time.


Read more at Reuters.com Bonds News

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