Monday, March 17, 2008

Dollar slides badly

Dollar Doomsayers Draw Signs From Bernanke Rate Cuts

"Ben Bernanke's interest-rate cuts have touched off a vicious circle of doom for the dollar".

Posted by alan @ 07:47 AM (629 views)
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2 thoughts on “Dollar slides badly

  • ….against the Euro yep, but the pound??? Can’t think why ,-)

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  • I suggest that the dollar problems have precipitated a re-examination of fundamentals.

    Worldwide credit is under the microscope. The UK debt situation does not look good. The (flagship) UK finance industry is flawed and closely allied to the USA.

    Therefore UK PLC needs to be marked down (even the UK electorate don’t rate the government on it’s handling of the economy – see Reuters poll).

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