partridge
Another record euro high vs dollar
By Guest - Posted on September 27th, 2007
Tagged: economic weakness
• economic weakness
• joanna
• partridge
• reuters
• reuters
• sub prime crisis
Some concerns are voiced about the falling dollar ie US economic weakness hurting eurozone exports to the US - the fall-out from the sub-prime crisis. However, the likelhood of immediate european rate cuts is not on the radar - instead, policy is likely to follow a wait and see tack until next year.
Joanna Partridge reports for Reuters.
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