Friday, June 8, 2007

Dollar Touches Two-Month High Against Euro as Global Stock Markets Slump

(Bloomberg) -- The dollar rose against the yen and to
the highest in more than two months against the euro as equity
markets round the world dropped.

Global stocks have slumped and U.S. Treasury yields soared
to the highest in almost a year on expectations central banks
round the world will raise interest rates.


Read more at Bloomberg Currencies News

1 comment:

Anonymous said...

At long last our President declassified
The proof Osama had ordered attacks
Outside of Iraq, against us worldwide
In two thousand five! No time to relax!

“Osama?” you ask, “In two thousand five?
“I thought Bush vowed after nine eleven
That we’d bring him in either dead or alive
To send him to hell and protect our heaven!”

That might be true but Afghanistan’s hell
And catching a six foot six rich Saudi
Who needs dialysis to remain well
Is like a poor man hoping to buy an Audi!

So don’t try to think, just embrace The Long War:
The danger is even worse now than before!