U.S. Dollar hits record low vs. euro



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Topic: Politics > Politics-USA
User: "Harry Hope"
Date: 29 Apr 2007 10:08:29 AM
Object: U.S. Dollar hits record low vs. euro
"The weaker-than-expected GDP was the catalyst to set a new lifetime
high," Timothy Mazanec, senior currency strategist at Investors Bank &
Trust Co., said in reference to the euro.
"The dollar will continue to weaken and European currencies continue
to gain."
http://www.marketwatch.com/news/story/dollar-hits-all-time-low-against/story.aspx?guid=%7BA5B7BCF5-C66C-4B59-83EB-D249AA2D1EAE%7D
Dollar hits record low vs. euro
By Wanfeng Zhou, MarketWatch
NEW YORK (MarketWatch) --
The dollar fell to an all-time low against the euro Friday, after a
government report showed the U.S. economy slowed to a real annualized
growth rate of 1.3% in the first quarter, marking the weakest
expansion in four years.
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Harry
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