Monday, March 10, 2008

The dollar slides 14.4% in one Year

The dollar slides 14.4% in one year(
http://finance.yahoo.com/q/bc?s=USDEUR=X&t=1y
The above url will help you duplicate my research.
According to my reckoning using the 5 year and the 1 year graph, as of today the dollar has slid about 14.4% during the last 12 months but 25% (both approximate) during the last 5 years. Obviously if it only took 12 months to go 14.4% down apposed to 4 years to travel the other approximately 10% down then we are in a lot more trouble than most believed last summer on multiple fronts.
http://finance.yahoo.com/q/bc?s=USDEUR=X&t=5y&l=on&z=m&q=l&c=
This is the graph for the last 5 years of dollar Euro valuations

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