Photo from source, International Herald Tribune
Way to go, Mr. President, you have a reverse Midas touch.
Investors agree: Anything but the dollar
In financial market jargon, a "flight to quality" when times are uncertain used to be synonymous with "buy dollars." Not anymore.
Currency traders gave the U.S. dollar a thorough pounding Wednesday and pushed the value of the euro to $1.47, the highest on record. The Swiss franc rose to a 12-year high against the dollar, and the pound climbed to the value it reached 26 years ago. . .
Read more at: International Herald Tribune