Didn't even take a week this time: Dollar falls below 0.78 Euro cents
by M Aurelius
Fri Jan 09, 2004 at 12:25:45 PM PDT
The Dollar fall is accelerating, as the Euro almost made the US$1.29 mark and the bush-greenback fell below the EUR 0.78 mark, losing another Euro cent in only four days.
They are blaming the weird (read: poor) unemployment figures, but that is just an excuse to a clear trend. After $1.25 / 0.80, the markets are clearly moving to test the "pain limit" of US$1.30 / 0.77 &e; &eu; &eur;
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