Euro's Strength To The Dollar
Has anyone else noticed that the dollar has just been getting its’ butt kicked when compared to most currencies, particularly the euro. Why is this? What have the Europeans done that is making their currency gain value so much. The dollar has lost about 20 percent of its value against the euro in the last two years. The euro is continually catching up to the pound too; maybe in a few years, it will hold the same value. Members of the Bush administration say the threat of a financial crisis is not a concern. But is there one?
Posted by Fred at 4/14/2005 09:28:00 PM