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The US dollar hit a new record low.
Dollar hits new low against euro
The dollar has been weakening against the euro in recent weeks. The US dollar hit a new record low against the euro as investors sold the currency after the Federal Reserve's hefty interest rate cut. And Bush is doing his utmost to close down the porn industry, something that puts a dent in the trade deficit he wants to add to it by Americans not selling it to overseas, just buying it. |
intressting point.
Anyway, the $ is costing us now a lot of % on our monthly revenue. I herby have to prioritie the EU sponsor untill things become better. Nevertheless, this is hurting very much |
I love it when the EuroTrash cry
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I'm going to have to get into currency trading, Its not hard to make money betting the US dollar is going to keep dropping in the long term. Nothing holding it up, oil countries moving to EU, currency banks moving to more and more EU dollars and 3/4 cut in interest rates is going to up the inflation.
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interesting...
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They are saying the Canadian dollar should reach parity with the US today. It's .5 of a cent off right now.
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