Tuesday, May 11, 2010

Euro, Stocks, Commodities Retreat as Bailout Optimism Ebbs

http://www.bloomberg.com/apps/news?pid=20601087&sid=aoqf1g8oJEg4&pos=1

Friends, the not so shockingly little reported story about the bailout news over the weekend was that the Euro actually weakened yesterday against the U.S. dollar.  Today that trend is continuing and there are rumblings already that the dollar and Euro might be valued on a 1:1 basis sooner rather than later. 

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