The dollar has lost 5 percent against the euro since Sept. 18, when the Fed lowered its benchmark for the first time since 2003. ``Lower interest rates are hurting the dollar,'' said Axel Merk, who helps manage $285 million assets at Merk Hard Currency Fund in Palo Alto, California. ``Why put the money in the U.S. where all kinds of negative.
source :http://www.bloomberg.com/apps/news?pid=20601087&sid=atoy5ISMDkFQ&refer=home
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