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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (12129)1/24/2003 8:16:59 PM
From: stockman_scott  Read Replies (2) of 89467
 
Dollar Loses Ground

January 24, 2003
Dow Jones Newswires

NEW YORK -- There was no rest for the weary early Friday in New York, as the dollar sank further against its major rivals.

Growing opposition by key U.S. allies toward an imminent strike on Iraq, even as rhetoric from U.S. officials seems more firmly pointed in the direction of war, is weighing on the dollar. Following on the heels of France and Germany stating that they oppose war at the moment, Russia and China have urged that a decision on military action be delayed for now.

smartmoney.com
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