Market Falls Further Still As Dollar Continues Slide

Daily MailMarch 14, 2008

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Summary


THE Dublin market has plunged again, losing all of the gains in made earlier this week and more, as the euro hit another all-time high and fears over the U.S. economy deepened.

The dollar dipped to a new all-time low against the euro as investors bet on a hefty cut in U.S. interest rates next week. The single currency briefly hit $1.5585 eclipsing its previous record high of $1.5570 set in New York yesterday.

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Market Falls Further Still As Dollar Continues Slide

Markets in Asia and Europe took their cue from the U.S. markets as Wall Street gave up its euphoria over a cent...

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