The Bottom Line
The U.S. dollar hit an all-time low against the euro this morning.
The U.S. dollar hit an all-time low against the euro this morning, at $1.3877, before recovering a fraction. The weakening of the dollar was due to increasing speculation that the U.S. Federal Reserve will cut interest rates next week, which would reduce the U.S.’s interest-rate advantage over Europe. (MarketWatch)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- 43 TV shows to watch in 2014
- The one thing the New Atheists get right about religion
- The U.S. government is actually trouncing Ebola. When will it get credit?
- Why is the Pentagon stuffing caves in Norway full of tanks?
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- The simple trick to making better decisions in every aspect of life
- The uncomfortable truth in The Giving Tree
- Why America needs more billionaires
- 3 horrific inaccuracies in Homeland's depiction of Islamabad
- 6 things the happiest families all have in common
Subscribe to the Week