How Much Further Can the US Dollar Fall?

Posted by admin on December 18th, 2008 at 06:59am

How Much Further Can the US Dollar Fall? With dollar denominated assets yielding next to nothing, we have continued to see money flow out of the US dollar.  The greenback fell to the lowest level against the Euro since September and dropped to a new 13 year low against the Japanese Yen.  The losses have been even more staggering since the beginning of the month.  The dollar has fallen 14 percent against the Euro and 8 percent against the Japanese Yen.  This significant sell

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