PDA

View Full Version : Dollar Heads for Record Weekly Loss Versus Euro as Supply Rises - Bloomberg



NewsWhore
03-19-2009, 11:00 PM
<img alt="" height="1" width="1">
Dollar Heads for Record Weekly Loss Versus Euro as Supply Rises (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaXDODoSn5R3M%26refer%3Djapan&cid=0&ei=wgfDSaaeOdSfmAeC5IChDw&usg=AFQjCNEwz_31UfNrPAVTm51nd40KDoZFtA)
Bloomberg
By Ron Harui March 20 (Bloomberg) -- The dollar headed for a record weekly drop against the euro after the Federal Reserve unexpectedly said it will start buying Treasuries, ramping up supply of the currency. The greenback traded near a two-month low ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaXDODoSn5R3M%26refer%3Djapan&cid=0&ei=wgfDSaaeOdSfmAeC5IChDw&usg=AFQjCNEwz_31UfNrPAVTm51nd40KDoZFtA)