Stay updated with breaking news from Dollar Fall. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The dollar index, a measure of the greenback against six major currencies, was last at 103.2 up around 0.1% on the day, edging off the 103.15 it touched in Asia trade, the lowest since Aug. 31.
endangering the lives of civilians who could be caught in the crossphile. jurlists, three being held after five days at the tripoli hotel. cnn's chaunce was one of them. steve jobs will step down. jobs is on his third medical leave of absence. he didn't mention his health problems directly but he said the time has come to resign. portions of the u.s. east coast are likely to be under a hurricane watch in just a few hours. hurricane irene is tearing through the bahamas right now with sustained winds at 160 miles an hour. it could hit the populated, northeast this weekend. those are ...
Average american. >> there are a lot of theories, with a default. >> paul: not a default, a downgrade. >> downgrade. capital would throw to probably other places, see the dollar fall, a flight to safety in terms of gold and safe currencies like the swiss franc, probably have a rise in treasury yields that would increase costs on everything from credit cards to mortgages. but more seriously, look, if you continue down this path, we're looking at being greece. one report came out this week that said, given current levels we could be greece in five years. >> paul: you're saying this is a warning ...
>> paul: what does a downgrade mean in practical terms to the average american. >> there are a lot of theories, with a default. >> paul: not a default, a downgrade. >> downgrade. capital would throw to probably other places, see the dollar fall, a flight to safety in terms of gold and safe currencies like the swiss franc, probably have a rise in treasury yields that would increase costs on everything from credit cards to mortgages. but more seriously, look, if you continue down this path, we're looking at being greece. one report came out this week that said, given current levels we could be g...
Average american. >> there are a lot of theories, with a default. >> paul: not a default, a downgrade. >> downgrade. capital would throw to probably other places, see the dollar fall, a flight to safety in terms of gold and safe currencies like the swiss franc, probably have a rise in treasury yields that would increase costs on everything from credit cards to mortgages. but more seriously, look, if you continue down this path, we're looking at being greece. one report came out this week that said, given current levels we could be greece in five years. >> paul: you're saying this is a warning ...