Posted on 07/16/2008 7:57:17 AM PDT by Perdogg
Fears surrounding the global financial sector and a U.S.-led economic downturn continued to set the tone in foreign-exchange markets Wednesday, leaving the dollar under pressure but above recent lows against major counterparts. The euro is slightly higher against the dollar, changing hands at $1.5928 a gain of 0.1%. The euro notched another all-time high against the greenback Tuesday near $1.6036 then trimmed gains. The dollar is down 0.8% against a broadly stronger Japanese yen at 103.84 yen and is off 0.4% against the Swiss currency to 1.0044 francs. The dollar's decline was slowed by a sharp fall in crude oil prices Tuesday. Nymex crude oil futures for August delivery are off another $1.59 a barrel at $137.15 in electronic trading.
(Excerpt) Read more at marketwatch.com ...
Geez 50% off sale.
When do we start discussing Social Security & Medicare?
As soon as retirees figure out the cost of living raise was half of what it supposed to be.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.