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Dollar's drop becomes more ominous
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Contributor | Servo |
Last Edited | Servo Dec 22, 2003 12:09am |
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Category | News |
News Date | Monday, December 22, 2003 06:00:00 AM UTC0:0 |
Description | After months of looking at nothing but the bright side of a weaker dollar, investors are starting to look at the dark side of its struggle against the euro.
Demand for the dollar has been dampened by concerns about the widening U.S. current account deficit and expectations that benchmark U.S. interest rates will remain low.
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