Dollar heads for record weekly loss versus euro
Bloomberg
03/20/09
The dollar headed for a record weekly drop against the euro after the Federal Reserve ramped up supply of the currency by unexpectedly saying it will start buying Treasuries. The greenback traded near a two-month low versus the European currency and headed for a second weekly decline versus the yen as the Fed said March 18 its balance sheet will grow by as much as $1.15 trillion as it buys up to $300 billion of government debt and purchases more mortgage bonds...
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8hD7HhGWOuo
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Treasuries
http://freepage.twoday.net/search?q=government+debt
http://freepage.twoday.net/search?q=mortgage
03/20/09
The dollar headed for a record weekly drop against the euro after the Federal Reserve ramped up supply of the currency by unexpectedly saying it will start buying Treasuries. The greenback traded near a two-month low versus the European currency and headed for a second weekly decline versus the yen as the Fed said March 18 its balance sheet will grow by as much as $1.15 trillion as it buys up to $300 billion of government debt and purchases more mortgage bonds...
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8hD7HhGWOuo
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Treasuries
http://freepage.twoday.net/search?q=government+debt
http://freepage.twoday.net/search?q=mortgage
rudkla - 23. Mär, 09:08
