Tuesday, May 25, 2010

Value of the Dollar, and Stocks


The value of the United States dollar has been changing since 2002, but has gone up vs. the euro. Between 2002-2008, the U.S. dollar fell 40% in value. It went back up 22% in 2008, but fell another 20% in 2009. In 2010, it has risen 6% against the euro. In 2002, a euro was worth 87 cents vs $1.35 on April 17, 2010.

Dow -22.82/-0.23% 10,043.75
Nasdaq -2.60/-0.12% 2,210.95
S&P +0.38/+0.04% 1,074.03

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