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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (74831)	1/29/2000 6:53:00 PM
From: awi	Read Replies (1) \| Respond to of 132070

Michael, do you have an opinion on where the slide of the euro could end? I wonder whether it would perhaps slide even more than anyone thinks now. In the mid-1980s the dollar was north of 3,60 dfl. (= at about $0,60 to the euro, synthetically calculated). However, I do not recall under which circumstances it got that far and why. The euro won't probably sink that much again, but if the US economy keeps outperforming Europe's, the euro should probably weaken substantially still.