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COPYRIGHT 2003 FDCH e-media
Original Source: STREET SWEEP
CHRISTINE ROMANS, CNNfn ANCHOR, STREET SWEEP: The U.S. economy roars back, but that hasn`t done much for the U.S. dollar. It`s at a record low against the euro. The euro has rallied not because Europe`s economies are doing better than the U.S., but because of concern about American`s current account deficit, the broadest measure of trade. It takes about $1.20 to buy one euro when only a couple of years ago, it took 80 cents. Meanwhile,...
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