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Hit by a free fall with no end in sight, the once mighty U.S. dollar is no longer just crashing on currency markets and making life more expensive for American tourists and business people abroad; its clout is evaporating worldwide as foreign businesses and individuals turn to other currencies.
Experts say the bleak U.S. economic forecast means it will take years for the greenback to recover its value and prestige.
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(Psst... I think this is a bullish sign for the dollar. When fear is rampant, that's a buying opportunity.)
Experts say the bleak U.S. economic forecast means it will take years for the greenback to recover its value and prestige.
Link
(Psst... I think this is a bullish sign for the dollar. When fear is rampant, that's a buying opportunity.)
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