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Dollar hits new 2009 low

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posted on Sep, 9 2009 @ 03:00 PM
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The dollar dropped to the weakest level in almost a year against the currencies of six major U.S. trading partners as record low borrowing costs encouraged investors to sell the greenback and buy higher-yielding assets.

www.bloomberg.com...


It's like a yoyo but with a broken string.

Will it ever be able to recover or will it be replaced by something else as the UN is suggesting?




posted on Sep, 9 2009 @ 03:29 PM
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reply to post by warrenb
 








posted on Sep, 9 2009 @ 05:10 PM
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This is a message being sent. We are being warned. The next time the dollar drops it will be precipitous. These are not good times we live in..It just seems like we're getting hit from every end.



 
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