Where is the dollar going!!

13 October 2009 @ 10:05 am EDT

The U.S. dollar continued its downside scenario, dipping to a record against the euro. The dollar index, a gauge of the dollar's strength versus six major currencies, retreated to 75.98 today,compared with the opening at 76.18. The green currency dropped sharply this year, as it played the role of a safe haven amid signs of recovery. Analysts expect it to drop even more, as economies emerge from the recession.

For more forex information, go to www.ecpulse.com

E-Newsletters

We value your privacy. Your email address will not be shared.