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directfiesta

11-18-2003 07:29 PM

Euro reaches lifetime high as US dollar slumps

And looses against the Canadian $$$$.

Will it ever stop??? I do bill about 25% in Euro, but....

Quote:

The euro jumped to a fresh lifetime high against the dollar on Tuesday, up more than two cents on the day, as the US currency dived sharply on a combination of data showing a massive drop in capital inflows into the US, and amid concerns over terror threats and the implications of a potential international trade war.

http://news.ft.com/servlet/ContentSe...012571727 088

sacX	11-18-2003 07:34 PM

*sigh* :(

Tuga	11-18-2003 07:35 PM

That SUCKS!

sacX	11-18-2003 07:40 PM

not enough foreign money to finance the debt.. screwed.

Webby

11-18-2003 07:42 PM

Yep.. tis gonna continue even more in the next 12 months - not just the Euro but several other currencies when the long-ignored violation of WTO rules take effect.

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