27.02.2008 @ 11:49 \11\Wed, 27 Feb 2008 11:49:03 +0000\03 +0000 UTC
It’s shopping time!
The dollar has fallen to a record low against the euro as traders bet that further interest rate cuts will be needed to stem a US recession.
The euro rose to $1.509 after buying $1.50 on Tuesday for the first time. Sterling climbed against the greenback too, reaching almost $2.
Lower US rates tend to send investors in search of other currencies which give a better rate of return.
The view is that UK and eurozone rates will not fall as much as in the US.
The UK pound traded at $1.988 in morning European trade after a raft of gloomy economic numbers isused on Tuesday.
In addition, Federal Reserve Vice Chairman Donald Kohn suggested that risks of a cooling economy were overshadowing the worries of rising inflation, hinting that US rates will be cut below their current level of 3%.
Y eso qué? Ejemplo: Macbook blanca con procesador a 2.4 Ghz en Alemania: €1,199 ($1,804). El mismo modelo en USA: $1,299 (€862). El ahorro: €340 ($511) aprox, que es el equivalente a un iPod Touch de 32 Gb en USA.
La nota aquí