U.S. dollar drops against euro as ECB rate hike likely
The United States currency also tumbled to its weakest level against the British pound in 26 years as investors bet the Federal Reserve will cut borrowing costs later this year while the European Central Bank and Bank of England raise rates.
http://news.xinhuanet.com/english/2007-04/23/content_6014609.htm
From Information Clearing House
http://news.xinhuanet.com/english/2007-04/23/content_6014609.htm
From Information Clearing House
rudkla - 24. Apr, 11:05