Thursday, February 28, 2008
A $1.50 euro
Posted by BlogAdmin2 at 10:30 AM
Category: Thoughts and responses

The dollar's latest dive, apart from taking sterling back towards the $2 level, has pushed the euro above $1.50 for the first time since the single currency came into being in January 1999. Good for US exporters, not necessarily for US inflation or confidence in the American economy.