Dollar Rising


With the implosion of the Euro the dollar has been gaining strength in currency markets as investors look for safe havens.  This could impact US consumers in several different ways.  First, European exports here will be cheaper, but American exports to Europe will rise in cost.  So American consumers will benefit unless they happen to work in an industry that exports heavily to Europe.  Also a stronger dollar should translate into lower gas prices which would be a welcome relief for most.

FOREX-Euro slumps vs dollar on Greek, Spain worries

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