There is a little relief in sight for the U.S. Dollar
http://www.amcastonline.com/news/articles/38/1/There-is-a-little-relief-in-sight-for-the-US-Dollar/Page1.html
Tomaso Veneroso
By Tomaso Veneroso
Published on 01/7/2008
U.S. is expected to hit the all time high of $1.4968 vs the Euro Dollar.
There is alittle relief in sight for the U.S. Dollar
Analysts expect the Euro this week to hit Us $ 1.4968 like on Nov. 23rd.
The Dollar will likely weaken against the yen.
Several are the reasons why the Greenback is loosing ground:
Disppointing Economic Data
Record Breaking Oil
Gold Prices
Surge Commodity Prices
Slow US Groeth
Inflation
Housing Downturn
EU and England Banks are going to keep the rate steady