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Non-Tech : The US Dollar vs the Euro and a discussion over exchange rat
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From: Alfred W. Post12/16/2004 5:09:50 AM
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The fall of the dollar yesterday is attributable to the fact that the treasury department reported - only one day after having shown a record trade deficit - that the inflow of capital into the USA had dropped from $ 67.5 in September to only $ 41.1 Bil.in October and thus did not cover the trade shortfall.
Should this be the beginning of a trend (?)then bad times are in store. Fred
in
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