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Old 05-24-2009, 04:42 AM   #5
peaceandlove
Avalon Senior Member
 
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Re: The us dollar breaks down

Dollar hits new multimonth low vs euro, pound, yen

May 22 10:42 AM US/Eastern

NEW YORK (AP) - The dollar kept falling Friday, notching fresh multimonth lows against the euro, pound and yen as a warning that Britain's debt level may result in its credit rating being cut ricocheted into worries about the massive U.S. deficit.

The 16-nation euro rose to $1.4015 in morning trading from $1.3889 in New York late Thursday—its first time above $1.40 since Jan. 2.

The British pound rose to $1.5916 from $1.5890, peaking at $1.5945 earlier in the session, its highest point since Nov. 6.

Article continues: http://www.campaignforliberty.com/wire.php



I guess they're getting us ready to be rescued with a NWO currency. Problem, Reaction, Solution.

Last edited by peaceandlove; 05-24-2009 at 04:45 AM.
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