28 September 2007
Dollar Falling off a Cliff
We have another new low for the dollar. It hit $1.4234:€1.00 this afternoon. Its previous high was $1.4189:€1.00.
It was only a week or so ago that it broke $1.40:€1.00, this is a precipitous drop, and it will eventually force interest rates up...a lot.
It was only a week or so ago that it broke $1.40:€1.00, this is a precipitous drop, and it will eventually force interest rates up...a lot.
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