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Sterling drops below 1.5 USD


HeartThais

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I do not think, you will see much lower.

 

If it was me,I make the exchange today.

 

Bank of Japan, has stated they like to see the exchange in the 105 to 110. May intervene at any time now.

 

Japan, needs to export, their goods pretty expensive now around the world.

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http://news.yahoo.com/s/ap/20081205/ap_on_bi_ge/financial_meltdown

 

Yes, maybe today, as this news is hitting the "wire"...

 

WASHINGTON â?? Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession.

 

The new figures, released by the Labor Department Friday, showed the crucial employment market deteriorating at an alarmingly rapid clip, and handed Americans some more grim news right before the holidays.

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