US dollar once again in decline

The dollar has lost ground against the euro, a day after hitting a six-month high against the single currency.

Growing fears of a European recession caused the initial Euro slump, with Sterling also falling against the dollar and hitting two-year lows.

But the dollar has slipped again on fears about the US ...

Currency strategists say the dollar weakness might not last over the European currency.

US dollar once again in declineNOT REALLY, just because after Olympic Games over, tourists are returning to E.U. to exchange the US dollar back to Euro; also the fears of 2008 US DNC’s “black Negro’s politics” taking over USA don’t impressed the overseas; perhaps next week Sen. JOHN McCAIN lead the 2008 RNC will stable the US dollar again. After hurricane gone, after the profit taken, people will demand US dollar again.

MoneyTo reduce its decline the Fed needs to redouble its purchases of dollars.

The manufacturing and oil producing countries will loan as many trillions as needed.

Both McCain and Obama are loyal servants of Financial Interests. They wouldn’t be where they are unless they were.

Both will continue Bush’s attempts to try to keep the bubble inflated no matter how many trillions it takes.

It only cost $50 billion for Reagan to bail out the S&Ls and the purchasing power of the dollar fell only in half.

Unless they find another PC/internet rabbit, stagflation is the future.