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Forex - Dollar tumblesForex - Dollar tumbles
AlfredSokol said: "Credit woes are bringing down [url=http://investing.reuters.co.uk/news/articleinvesting.aspx?type=usDollarRpt&storyID=2007-08-03T175825Z_01_N03335601_RTRIDST_0_MARKETS-FOREX-UPDATE-11.XML]the dollar[/url]
[quote]
"It's a sell U.S. day today," said Brian Dolan, director of currency research at Forex.com in Bedminster, New Jersey.
"The dollar's sell-off can be attributed to a combination of factors: weaker U.S. data and renewed concerns about the credit markets. The underlying theme is that there is a lot more concern about the subprime issue," he added.[/quote]
Its getting tough to escape the worries about credit now."