U.S. Dollar Trading Mixed

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The U.S. Dollar is trading mixed at the mid-session. Profit-taking overnight led to a lower opening, but news that S&P lowered the credit rating of Spain helped the Dollar limit losses.

Concern over global debt issues could be the main theme throughout the rest of day. Earlier in the week, a flight-to-quality rally was triggered by credit rating downgrades in Dubai and Greece. Traders will continue to monitor these situations for further developments.

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