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Subject: Re: The Euro at $1.55 Posted on: Thu, 13 Mar 2008 15:21:18 -0700



Hatunen wrote:
> On Wed, 12 Mar 2008 13:21:43 -0700,
> "EvelynVogtGamble(Divamanque)" wrote:
>
>>
>> Alfred Molon wrote:
>>> and oil at $107. According to forecasts the Euro might climb to $1.60.
>>> China apparently has started reducing its dollar reserves.
>> I think you have it backward - the problem is not that the euro is
>> "climbing", but that the dollar is SHRINKING!
>
> Problem for whom?
>
> Many financial organizations in Europe, and some EU governemnts,
> think the euro has risen too far, too fast.

Whichever. :-) I think most American tourists would agree!
>