Hi guys! Dollar plunged down against the euro on Wednesday. AIG's crisis in the US financial markets, forced investors to shift their investments into oil, gold and US treasury bonds. US housing starts also fell as much as 6.2% way below the analyst expectations taking dollar further below. Despite a weak jobs data in the UK, the sterling pound rose against the dollar, after merger talks between Lloyds TSB and HBOS were underway.

Cheers!

Clever111