Dollar Weakens Before Housing Data as Stocks, Greek Bonds Fall

Dollar Weakens Before Housing Data as Stocks, Greek Bonds Fall
The dollar weakened for a second day on speculation the U.S. housing market remains subdued. Greek bonds and European stocks fell while Chinese shares led gains in emerging markets and commodities rallied to a two-year high.
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A video from the New York Stock Exchange Closing Ceremony with Greece ringing the closing bell. Greece was represented by the Greek Minister of Economy and Finance, Mr. George Alogoskoufis (16 November 2006).