The U.S Dollar plummeted to a new record low against the Euro last night and also fell to a fresh 26-year low versus the Pound after the Federal Reserve cut interest rates by a further 25 basis points in the monthly FOMC rate announcement. The Dollar had been under constant scrutiny this week amid speculation [...]
Exchange Rate Forecasts
November, 2007
The Dollar declines to a 26-year low against the Pound as the Fed lower interest rates to 4.5%
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