Dollar Falls to All-Time Low

This morning having a look at our daily news report and in special regarding the crude worl situation we were able to notice that to our surpprise the dollar fell to the lowest ever against the euro since the 13-nation currency's debut back in 1999.

The U.S. dollar fell to an all-time low and posted the biggest monthly drop against the euro in almost four years. The dollar may decline further this week.
The dollar fell to $1.4267 per euro in September, reaching the record low of $1.4278 on 28-09-2007. It was the biggest monthly decline since December 2003.

The report also mentioned the consumer Confidence Plunges to almost a two-year low. . this will have the effect that the dollar will continue to fall while on the other hand we have the price of crude on a daily upward movement, but as we all now the crude price is affected by anything ..by any happening around the world, so for the time being we will face these fluctuations...