Bloomberg update

Dollar Declines on Speculation Fed Rescue Package Won't Succeed

March 12 (Bloomberg) -- The dollar fell against the euro and the yen on speculation the Federal Reserve's plan to provide funds to banks won't be enough to break the gridlock in money- market lending and stem credit losses.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aeIwKgYrxR_k&refer=home

Dollar to Extend Drop Against Yen as Economic Outlook Worsens

March 12 (Bloomberg) -- The dollar will extend its decline against most major currencies in the next six months as the U.S. economic slowdown deepens, a survey of Bloomberg users showed.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aD4uLd8Sxck8&refer=home

0 comments:

Post a Comment

You are welcome to post comments. However, please do not use Anonymous as your ID. At least, put in your initials for easy reference in further conversations.