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View Full Version : Dollar Drops to New Low Against the Euro




Mortikhi
10-29-2007, 07:13 AM
The dollar slipped lower against the euro, reaching a record low, then continuing its slide in morning European trading on Monday, as markets looked for signals from the U.S. Federal Reserve about a likely rate cut this week.

The 13-nation euro opened at $1.4428, besting its previous high of $1.4393 on Friday in New York and then proceeded to climb to $1.4438 in midmorning trading, before falling back to $1.4430 -- well above the $1.4385 it bought in late New York trading on Friday.

Didn't the dollar just hit a record low recently? Now this new record :eek:

So is this how the Amero will be sold to us? As the savior currency?

Shiranu
10-29-2007, 07:18 AM
... dont remind me of the Amero, i've already had nightmares about giant coints covered in mexicans, canadians and americans chasing me through hell =\

ItsTime
10-29-2007, 07:49 AM
just sticky this thread now.... because we will be saying this every week for the next year lol

JosephTheLibertarian
10-29-2007, 07:50 AM
are morons controlling the currency...or do the technocrats have an agenda? hm