« Today's Dollar-Falling Post - Dollar 40% Too High? | Main | Create A New Moderate Center »


November 27, 2006

Today's Dollar-Falling Post -- 20-Month Low

-- by Dave Johnson

Dollar hits 20-month low against the euro - MarketWatch,

The dollar extended its sharp losses against the euro Monday, touching a 20-month low, but steadied against the yen, as traders awaited U.S. economic data this week.
Stock markets are reacting, Stocks sharply lower on dollar, Wal-Mart and FTSE 100 ends down, hit by weak U.S. dollar,
The FTSE 100 index .FTSE of Britain's largest shares fell to its lowest close in seven weeks on Monday as the sliding dollar continued to weigh on stocks with U.S. exposure.
And metals, Gold, silver hit highs on dollar weakness,
Gold steadied on Monday after an earlier climb to its highest level in more than three months as a weaker dollar and firm oil prices prompted investors to buy the precious metal.

Posted by Dave Johnson at November 27, 2006 9:38 AM

Trackback Pings

TrackBack URL for this entry:
http://www.seeingtheforest.com/cgi-bin/mt/mt-t.fcgi/2519


Comments

Post a comment

Thanks for signing in, . Now you can comment. (sign out)

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


Remember me?



Email this entry to:


Your email address:


Message (optional):


Return to main page