U.S. dollar weakness stifles stocks | k86unzueta54's Blog

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Stock prices were mixed in quiet mid-day trading today as investors ponderedthe U.S. dollar's weakness in foreign exchange. The market got off to a shaky start, with the Dow average falling about 11 points shortly after the opening bell, in reaction to the U.S. dollar's weakness. The U.S. currency had firmed in early trading but fell off amid speculation that West Germany's central bank won't cut a key interest rate as had been widely expected.

Full text: The Vancouver Sun, Dec 2, 1987

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Posted by k86unzueta54 at 14:57 on March 17th, 2011 at 2:57PM
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U.S. dollar weakness stifles stocks, posted March 17th, 2011