U.S. Dollar Weakens

U.S. Dollar Weakens

Bloomberg reports in an article today that the U.S. dollar fell against the Euro amid speculations that the Federal Reserve may begin a third round of quantitative easing.  This when the Federal Reserve purchases assets from bank or the private sector in order to inject money into the weakened economy.  Reserve Chairman Ben Bernanke is likely to announce any new plans today after a two day meeting with Fed officials.

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