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International Currency Trends

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With the rise in US interest rates, if my understanding of the economics of international currency trends, the US dollar as it affects tourism to Europe should be going up.

Interesting to note, the euro is down to $1.08, although it was a bit lower during the worst of the problems in Greece. Can parity with the US dollar be all that far in the future?

The pound has fallen below $1.50. Where it stops, nobody knows.

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