THE US dollar continues to face heavy selling pressure as negative factors such as the confirmation of the first mad cow disease case in America and threats of terrorism over the holiday season overshadow strong growth numbers that signal economic recovery could finally be gaining momentum there.
In Asian trade yesterday, the greenback was quoted at 0.8054 euro, down from 0.8066 on Tuesday, and it fell to 107.33 against the yen from 107.41 on Tuesday.
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