The dollar fell to a record low against the euro on Friday, with analysts forecasting more declines to come.
Oil prices, meanwhile, were still under pressure, falling from recent highs to their lowest levels in five weeks.
Stock markets, however, continued to surge in the US, Asia and Europe following the re-election of President George W Bush.
Investors said they expected Mr Bush to keep the dollar weak in order to stoke export demand and economic growth.
Some also were worried that the size of the US budget deficit could drive down the dollar even further.
More ... http://news.bbc.co.uk/1/hi/business/3981455.stm
Well, well and well. After all, Bushies want the moral values, not economy! Who needs the money & jobs when they have the 'moral values'?!?
Oil prices, meanwhile, were still under pressure, falling from recent highs to their lowest levels in five weeks.
Stock markets, however, continued to surge in the US, Asia and Europe following the re-election of President George W Bush.
Investors said they expected Mr Bush to keep the dollar weak in order to stoke export demand and economic growth.
Some also were worried that the size of the US budget deficit could drive down the dollar even further.
More ... http://news.bbc.co.uk/1/hi/business/3981455.stm
Well, well and well. After all, Bushies want the moral values, not economy! Who needs the money & jobs when they have the 'moral values'?!?