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![]() Check 7.415 5.00 P.M EST Financial Survival 2000 ( He's usually pessimistic, Today should be a real Gullywasher today ..) - Selll now; or sell short . . . ! ################################################## ######### Reuters Stocks, Dollar Pummeled After G7 Call Monday September 22, 7:19 am ET By Nigel Stephenson LONDON (Reuters) - A slide in the dollar after a weekend call from the Group of Seven industrialized countries for more flexible exchange rates pummeled U.S. Treasury bonds Monday and sent shares tumbling in Europe and Asia. ADVERTISEMENT The dollar fell to its lowest against the yen in nearly three years and its weakest against the euro in eight weeks. The G7 called for more exchange rate flexibility to help iron out global economic imbalances and markets interpreted its statement as criticism of persistent intervention by Asian countries to weaken their currencies and boost domestic exports. |
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