Why the Dollar Is Tanking as Cairo Burns
by Charles Wallace on Feb.03, 2011, under Towing
When crisis erupts, such as the current fighting in Egypt, investors usually flee to safety. Historically, that has meant piling into the U.S. dollar. But a funny thing happened when protesters took to the streets of Cairo. For the reason why, look to Europe.
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Why the Dollar Is Tanking as Cairo Burns originally appeared on DailyFinance on Thu, 03 Feb 2011 06:30:00.
Filed Under: Columns, Economy, Investing, Currency, Market News



