18 October 2007

Dollar Hits Now Low Against Euro: Financial News - Yahoo! Finance

The Dollar has hit a new low vs. the Euro, it broke $1.43, and is not sitting at $1.4291:€1.

At the rate that this is going, the dollar will break $1.50:€1 by year's end.

This will force interest rates up, and the credit crisis will get much uglier.

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