Wednesday, November 29, 2006

US setbacks see dollar plunge

The dollar tumbled to a near a 15-year low against sterling yesterday on fresh signs of economic trouble in the United States.

An 8.3pc crash in US industrial orders and an admission by the Federal Reserve chairman that Washington does not know how bad housing really is set off another day of wild gyrations on the currency markets.

London Telegraph article

Dont worry, we got the new Amero currency coming... (check it below!)

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