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Dollar's Long Rally Likely to Stall in 2009

Recession, low interest rates will catch up with buoyant greenback

By Jason Farago, Newser Staff

Posted Dec 8, 2008 5:28 AM CST

(Newser) – The once moribund dollar has soared 20% against foreign currencies since July, one of the few bright spots in a grim financial landscape. The dollar traded against the euro at $1.28 this morning, down from a high of over $1.60 this summer. But... Read full story »

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Dollar's Long Rally Likely to Stall in 2009

Recession, low interest rates will catch up with buoyant greenback

currency • exchange rate • currency exchange • euro • US dollar • US currency • financial crisis

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