e mërkurë, tetor 17, 2007

Dollar falls vs euro as housing starts plunge

The dollar fell broadly on Wednesday after a report showed housing starts dropped to their lowest level in 14 years in September, adding to concerns that the housing market may drag on the U.S. economy.

Traders sold dollars after the Commerce Department said home construction starts fell 10.2 percent last month, below Wall Street's consensus forecast.

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