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NEW YORK (AP) - The dollar wobbled but was able to steady itself Tuesday after the U.S. Federal Reserve cut its benchmark interest rate to the lowest point since late 2004.
Before the Fed's move, the dollar was lower even after better-than-expected profits from Goldman Sachs Group Inc. and Lehman Brothers.
The Fed cut its federal funds rate by three-fourths of a percentage point to 2.25 percent.
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