The euro fell below US$ 1.30 dollars for the first time since 12 January. Against the British pound, one euro bought 83.85 pence, while the pound was worth 1.19 euros.
major currencies
Gold, A Good Refuge For A Weakening Dollar
Gold has become a reference for policy makers and investors alike. Recently, World Bank president Robert B. Zoellick, has surprised economic experts when he suggested that the price of gold should be considered as a financial yardstick.