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View Full Version : Dollar Sinks as Fed Says It Will Buy Longer-Term Treasuries - Bloomberg



NewsWhore
03-18-2009, 03:30 PM
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Dollar Sinks as Fed Says It Will Buy Longer-Term Treasuries (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Dal2UjiTcE3rE%26refer%3Dhome&cid=1316749867&ei=00zBSdWZBIfi7AO_kfiKCQ&usg=AFQjCNEC-kIO5xrSNCdnk9tVX8TiQy0LPg)
Bloomberg
By Molly Seltzer and Ye Xie March 18 (Bloomberg) -- The dollar fell against the euro as the Federal Reserve said it will purchase $300 billion of longer-term Treasuries, spurring speculation the central bank is debasing the currency. ...


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