Despite many unnerving reports from all corners, the dollar is managing to hold its own.
The U.S.-led military action in Afghanistan isn't making much progress, and the scare over anthrax is spreading through the United States.
The market, however, is relieved that fears of a flight away from dollar-based assets, due to the possibility of a drawn-out U.S. military campaign, are so far proving to be groundless.
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