Interest Rate Roundup

Wednesday, July 02, 2008

Just for laughs ...

"We're strong dollar people in this administration and have always been for the strong dollar, and believe the relative strengths of our economy will reflect that" -- President George Bush earlier today.

Anyone out there believe that? Anyone? Bueller? Apparently neither does the currency market. The euro is trading right at its intraday high as I write (1 EUR = 1.5888 dollars).


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