Alexander
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Dollar Declines Against Yen, Euro as Stocks Drop - 2008/11/17 19:54
Hey, guys, Monday is here, and you what it means... FX TRADE TIME! 
The dollar fell against the yen and the euro as U.S. stock futures dropped before a report likely to show a gauge of manufacturing in New York slid to a record low.
The decline against the yen was the dollar's fifth in the past six days. The U.S. has entered a recession that will persist into next year, and economies around the world will follow suit, according to a survey by the National Association for Business Economics. Standard & Poor's futures expiring in December fell for a second day.
The dollar weakened to 96.43 yen as of 6:44 a.m. in New York, from 97.14 at the end of last week. It dropped to $1.2654 per euro, from $1.2605. The yen strengthened to 122.02 per euro, from 122.39.
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