Re: Dollar Digs Record Low Vs Euro

Old Salt card carrying Curmudgeon wrote:

> Dollar Digs Record Low Vs Euro
> 17 minutes ago
>
> LONDON Dec 3 (Reuters) - The dollar fell to a fresh record low on
> the euro on Wednesday for the fourth session in a row, in the
> grip of a downtrend fueled by U.S. current account deficit,
> geopolitical and trade concerns.
>
> Full story at:
> http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=1&u=/nm/20031203/bs_nm/markets_forex_dc

Then more people will dump their dollars in favor of other currency, thus causing more 
dollars to be on
the market, and we could see lower interest rates, or maybe because of the lower 
dollar foriegn investors
will buy more into american commonities, or maybe less tourism in France will cause 
French economy to
blackslide.
Bottom line, who the hell knows and not worth reporting unless you know of a long term 
loss/benefit. It
could all change tommorrow.

>
>
> --
> Notice: Spelling mistakes left in for people who need to correct others to make 
> their life fulfilled.
> Politically Incorrect and proud of it.
> I block all posts from WebTV with a filter, they make AOL look like MIT's computing 
> dept.
> My Mail Server is Protected by SPAMKILLER