« Today's Housing Bubble Post - Prices Tumble | Main | Tax Everyone - Give the Money To Corporations »


November 28, 2006

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

-- by Dave Johnson

Dollar hits fresh 20-month euro low after mixed U.S. data,

The dollar tumbled to a fresh 20-month low against the euro Tuesday after a government report showed demand for U.S.-made durable goods declined much more than forecast last month.
But the U.S. currency edged slightly higher versus the yen after data showed an unexpected increase in sales of existing U.S. homes in October and a solid reading from the Richmond Fed's manufacturing index.
Analysts say sentiment toward the dollar remains negative.

Posted by Dave Johnson at November 28, 2006 3:49 PM

Trackback Pings

TrackBack URL for this entry:
http://www.seeingtheforest.com/cgi-bin/mt/mt-t.fcgi/2524


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