The dollar is continuing its slide against the Euro, undeterred by President Bush's commitment to a strong dollar.
With the dollar falling, interest rates rising, the national debt growing, and the trade defecit expanding the US economy is growing less attractive to dollar buyers.
Markets Push Dollar to New Low Against Euro
Some people think that a weaker dollar will help US exports and decrease the trade defecit. A good retort is found in this sentence from the above article, "Nobody has ever devalued their way to prosperity".
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