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Non-Tech : The Dollar
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From: Condo12/12/2004 2:33:39 PM
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Thanks for starting the topic. It looks like this administration doesn't much care about the relative strength of the dollar. Maybe they figure if Europe/Japan wants to beggar their consumers and pay for unemployment, So what? For example, the latest United Technologies (UTX) report says they're selling lots of US-made elevators, escalators, heating and A/C etc. in Europe this year and that the currency exchange rate has been helping the bottom line as well. Not so good for US travelers in Europe though, that's for sure.
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