H
Harry Hope
Guest
From Bloomberg, 4/16/08:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a74a_FpjyI3g&refer=home
Dollar Falls to Record Against Euro as EU Inflation Quickens
By Ye Xie and Bo Nielsen
April 16 (Bloomberg) --
The dollar fell to a record low against the euro as European inflation
accelerated last month, reducing chances the European Central Bank
will follow the Federal Reserve in cutting interest rates.
The currency had its biggest decline versus the euro in three weeks,
weakening to $1.5969 as U.S. housing starts dropped more than twice as
much as forecast to a 17-year low.
The Canadian and Australian dollars and the Norwegian krone increased
after crude oil rose to a record $114.53 a barrel.
_________________________________________________
Harry
http://www.bloomberg.com/apps/news?pid=20601087&sid=a74a_FpjyI3g&refer=home
Dollar Falls to Record Against Euro as EU Inflation Quickens
By Ye Xie and Bo Nielsen
April 16 (Bloomberg) --
The dollar fell to a record low against the euro as European inflation
accelerated last month, reducing chances the European Central Bank
will follow the Federal Reserve in cutting interest rates.
The currency had its biggest decline versus the euro in three weeks,
weakening to $1.5969 as U.S. housing starts dropped more than twice as
much as forecast to a 17-year low.
The Canadian and Australian dollars and the Norwegian krone increased
after crude oil rose to a record $114.53 a barrel.
_________________________________________________
Harry
