DUH! U.S. endorses weaker dollar. After it hits 1998 lows U.S. admits we want a weaker dollar. You just know it's a slow news day. There is nothing anybody can do about it because we are the 800 pound gorilla in every respect. This, combined with the huge influx of money due to falling gasoline prices is going to show some big economic numbers starting at the end of the month. The dollar dropped to multi-year lows on major currencies (the dollar is valued against a "basket" of currencies), bringing the Euro within grasp of its debut level on Monday, after U.S. Treasury Secretary John Snow cemented views that Washington backed a weaker dollar. So there.