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I see the U.S. budget deficit came in at a five year year low at $163 billion and the trade deficit for August was at a 7 month low.
The currency market doesn't seem to be too impressed. One dollar buys 70.3 euro cents. Woe is me!

Hey, Grandma Moses started late!
by LEP (rafifoon@yahoo.com) on Thu Oct 11th, 2007 at 01:00:43 PM EST
I know I'm not a financial expert but everything I read says things are gonna get a lot worse for a long time. Probably need to move cash into euros right now.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Oct 11th, 2007 at 01:03:24 PM EST
[ Parent ]
My cash is all long moved and in euros. But those are reserves for the future. My income, which I would like to cover my expenses, is all in dollars.

Hey, Grandma Moses started late!
by LEP (rafifoon@yahoo.com) on Thu Oct 11th, 2007 at 01:16:37 PM EST
[ Parent ]

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