US Dollar Hits 3-Month Low as Treasury Buys $4B in Bonds
The US dollar has officially dropped to a three-month low against major global currencies. This sudden currency plunge happened right after a surprising market intervention by the US government. The Treasury Department shocked financial markets by announcing a massive expansion of its bond repurchasing plans. Global investors are now watching closely as Washington desperately attempts […] The…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.
