Investor's Business Daily - The greenback edged lower Fri. but was still on track for the biggest weekly rise since June '06 as investors increasingly expect the U.S. growth slowdown to drag on other economies. The euro fell 2.91 cents to $1.4505 for the week as gloomy economic data and comments from the European Central Bank President Jean-Claude Trichet boosted expectations for rate cuts later this year. The dollar rose 0.70 yen to 107.32 vs. the yen for the week.
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