Monthly Archives: August 2008

Joke about American currency “value” in the past

A tour guide was showing a tourist around Washington, D. C. The guide pointed out the place where George Washington supposedly threw a dollar across the Potomac River.
“That’s impossible,” said the tourist. “No one could throw a coin that far!”
“You have to remember,” answered the guide. “A dollar went a lot farther in those days.”

Economic News, Forex Market Overview

EUR
EUR losses continue following Trichet’s weak economic outlook
The EUR saw a very bearish trading session yesterday, losing ground against all of its currency crosses. The Euro fell to a seven week low against the USD and closed under 1.5320, a remarkable number when considering that less than a month ago the oft-traded currency pair set […]