Dollar Continues To Slip Vs. Euro
The dollar hit a record low in trading today against the Euro as the market prepared for yet another interest rate cut by the Fed: http://money.cnn.com/2007/10/29/markets/bc.apfn.dollar.ap/index.htm?postversion=2007102912
And the worst could still be yet come as the dollar also hit a 47 year-low versus the Canadian Loonie and investors expect a rate cut by the Fed to be issued on Wednesday. http://www.rttnews.com/FOREX/Currency_mkt.asp?date=10/29/2007&item=47
Labels: Canadian Loonie, Dollar, Euro, Fed
posted by "Staff" at
11:31 AM
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