Mike the Usurper wrote:
] ] The dollar index, a measure of the dollar against a
] ] basket of currencies, extended a slide to a nine-year
] ] low.

It appears the federal policy is to keep wanting it to fail. I assume
when it hits a magic number that the govt will step in and put the
brakes on in coordination with the Euro.

Here is a quote from a CNN article

""Recent comments from U.S. and European officials that hint at a weaker
dollar are also adding fuel to the selling," said a dealer at a U.S. bank.

Last week U.S. Federal Reserve President Janet Yellen said the dollar
was still "relatively high despite our large and growing trade deficit."

Euro zone finance ministers and European Central Bank officials have
said the euro's strength poses no problems."

http://edition.cnn.com/2004/BUSINESS/10/25/asiamarkets.midday.reut/

RE: Yahoo! News - Dollar Hits New Low, Gold at 16-Yr High