Bad News for Global Economy Is Good News for the Dollar, ETFs
August 26, 2008 at 16:00 PM EDT
The global economy is putting on the brakes, leading to a surge in the dollar and its exchange traded funds (ETFs). The greenback is at a six-month high against the euro on speculation that as the global economy cools off, our currency will heat up, report Ye Xie and Gavin Finch for Bloomberg. The dollar is on [...]