US Dollar - Record Low

摘要

The US dollar weakened further when the Federal Reserve cut the US interest rate by 50 basis points at the end of the month.rnThe macroeconomic implications of the financial stress linked to the subprime crises have not done much to strengthen the dollar either, being very much dependent on the financial sector.rnIn Europe, the Central Bank has signaled that it will maintain its monetary tightening and increase eurozone interest rates as stability returns to world markets.