Dollar's double blow from Vietnam and Qatar: Vietnam is planning to cut its purchases of US Treasuries and other dollar bonds, raising fears that Asian central banks with control over two thirds of the world's foreign reserves may soon join the flight from US assets.
Dollar Falls Against Euro, Yen on Drop in U.S. Factory Orders : - The dollar fell against the euro and yen for the first time in four days as a drop in U.S. factory orders suggested the housing recession is slowing the economy.
Recession isn't an 'if' but a 'when': Housing prices are heading lower. Stock prices are heading down. And it's all systems go for a downturn in the U.S. economy, no matter what the bulls say.
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