Dollar Falls Below Swiss Franc

Dollar Falls Below Swiss Franc

sg.news.yahoo.com

NEW YORK, March 14 - The dollar fell below parity with the Swiss franc for the first time on Friday as fears about more credit turmoil and a U.S. recession sparked broad selling of the U.S. currency.

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Related News Links:
www.swissinfo.c h
www.bloomberg.com
www.iht.com
www.guardian.co.uk

I'm sure some of you dollar=economy posters will enjoy this one.

sg.news.yahoo.com
(visit the link for the full news article)

Maybe I should rephrase that......for the first time!

I'm not surprised.

I watched the currency markets today and I felt it was only a matter of time. However, I do feel the Dollar is now heading like Sterling did in the previous century.

But, the Euro is too strong for me and is going to experience some sort of correction soon.