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In related news, the dollar nosedived against the Deutsche mark and yen in late-afternoon trade on news of the fed rate cuts.
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But the dollar has been nosediving against the euro, which means the average out-of-work or raiseless American worker will be hard put to afford a bottle of French perfume.
The dollar's nosedive against the yen is raising old ghosts in Japan, but investors here in the U.S. have nothing to worry about, analysts say.
Sales nosedived.
Conditions, however, have nosedived.
His approval ratings have nosedived.
It simply nosedived without any warning.
Ali's health nosedived almost at once.
Mideast markets had nosedived on Sunday.
Restaurants have closed, sales of luxury holiday homes have nosedived.
As they have taken effect, his popularity has nosedived.
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