Singapore hits dollar, U.N. body warns of forex war

Reuters, 14 Oct 2010
(Reuters) - Singapore widened the trading band for its currency in response to rising market volatility and South Korea exchanged barbs with Japan as foreign exchange tensions persisted ahead of a G20 meeting next week.
The dollar, under pressure for weeks on expectations the U.S. Federal Reserve will soon print money again to buoy its faltering economy, fell sharply against a range of currencies on Thursday after the surprise move by Singapore. Full story

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