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Subject: Re: The Euro at $1.55 Posted on: Thu, 13 Mar 2008 15:24:53 -0700



Mxsmanic wrote:
> Hatunen writes:
>
>> Problem for whom?
>>
>> Many financial organizations in Europe, and some EU governemnts,
>> think the euro has risen too far, too fast.
>
> But the euro has not risen; the dollar has fallen. That's an important
> distinction.

One I was also trying to make - but it fell on deaf ears.