Concern about the price the U.S. could pay to rescue the financial system is crushing the dollar and raises questions about whether the government could ultimately intervene to prop it up.
"I'm just watching the dollar self-implode," said Brian Dolan, chief currency strategist at Forex.com. "The dollar's clearly been under pressure across the board. This is knee-jerk reaction to what many are perceiving as an explosion in the fiscal deficit and national debt.
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