« IMF Calls for Huge New Round of Bank BailoutsAnalysis: G20 proximity talks needed to avert FX war »

Dollar tumbles broadly as Fed moves expected

October 6th, 2010
Categories: News, Economic

Link: http://finance.yahoo.com/news/Dollar-tumbles-broadly-as-Fed-apf-1264751161.html?x=0

The euro moved above $1.39 Wednesday for the first time since February, while the yen struck a 15-year high. The dollar is sliding broadly because investors expect that the Federal Reserve will increase its support for the U.S. economy, driving down interest rates and dampening the currency's appeal for investors.

News  Share this page

Your donation helps provide a place for people to speak out. thepeoplesvoice.org P.O. Box 159113 Nashville, TN 37215 Not tax deductible. editor@thepeoplesvoice.org

Search

Search the Site Search the Internet
May 2013
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

Referred by Liberty
Just Foreign Policy Iraqi Death Estimator

XML Feeds

blog engine
FAIR USE NOTICE: This site contains copyrighted articles and information about environmental, political, human rights, economic, democratic, scientific, and social justice issues, etc. This news and information is displayed without profit for educational purposes, in accordance with, Title 17 U.S.C. Section 107 of the US Copyright Law. Thepeoplesvoice.org is a non-advocacy internet web site, edited by non-affiliated U.S. citizens. editor