Euro Slumps to Five Month Low Against the Dollar

by WallStreetOasis.com (Senior Gorilla, 903 Banana Points Points) on 8/8/08 at 8:11am

Michael Shedlock submits: Bloomberg is reporting Euro Slumps to Five-Month Low on Reduced Bets for Higher Rates.The euro slumped to a five-month low against the dollar as traders pared bets that the European Central Bank will raise interest rates due to a slowing economy.Complete Story »

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