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Old March 12th, 2008, 09:23 PM posted to rec.travel.europe
Hatunen
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Default The Euro at $1.55

On Wed, 12 Mar 2008 13:21:43 -0700,
"EvelynVogtGamble(Divamanque)" wrote:



Alfred Molon wrote:
and oil at $107. According to forecasts the Euro might climb to $1.60.
China apparently has started reducing its dollar reserves.


I think you have it backward - the problem is not that the euro is
"climbing", but that the dollar is SHRINKING!


Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.

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