Financial Times FT.com

Rise in risk appetite weakens dollar

By Peter Garnham

Published: March 11 2009 10:44 | Last updated: March 11 2009 20:58

The dollar lost ground on Wednesday as a continued bounce in global equities kept the currency in check.

The uptick in investor risk appetite lessened demand for the security of the dollar, which last week hit a three-year high on a trade-weighted basis as global equities plunged.

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