Saturday, November 26, 2005
More euro blues
The AP reports from Europe:
"The euro slipped further Thursday against the dollar as speculation continued about American and European interest rates and German business confidence dipped.
The 12-nation currency bought $1.1785 in afternoon European trading, down from $1.1809 late in New York the night before after business sentiment in Germany fell for the first time in three months."
Europe needs more economic growth. The euro is simply reflecting the depressing conditions of the European economies.
Sell your euros. The Europeans won't change!
Posted by Silvio Canto, Jr. Post Link ---> 3:50 PM
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