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Non-Tech : The Dollar -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (3)12/16/2004 2:07:34 AM
From: Condo  Read Replies (1) | Respond to of 13
 
GZ, where am I going wrong? In euros, US stuff is cheap. Europeans are shopping like crazy in NYC. US companies like GE are selling mucho into Europe. The US trade imbalance with Europe is improving. And if the European Central Bank buys dollars to avoid throwing people there out of work, the dollar is strengthened. The administration says it wants a stronger dollar. But maybe not right away? -ej