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Dollar Falls to New Low Vs Euro

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Dollar Falls to New Low Vs Euro
Topic: Business 5:31 pm EST, Dec 30, 2004

] As traders cleared off their desks ready to ring in the
] new year, the dollar was on track for a dismal fourth
] quarter. The U.S. currency shed 10 percent against the
] euro and Swiss franc in the last three months.
]
]
] Against the yen, the dollar fell around 7 percent in the
] quarter.
]
]
] In the absence of any convincing signs of a substantial
] rebound in the greenback, traders added to their bets
] against the currency going into 2005.
]
]
] "If anyone is out there looking for a correction in the
] dollar, it just hasn't happened and there's no sign that
] it's going to happen in the upcoming days," said
] Investors Bank and Trust's Mazanec.

And the continuing tanking of the dollar continues.

Dollar Falls to New Low Vs Euro



 
 
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