FrankS

$1.53 or 1.50 is not a biggie...I remember last year at 1.35 I felt robbed

norrisken

At the moment it has passed 1.50 headed down. And is expected to further lose ground to the dollar.
The dollar rallied on Friday, posting its biggest one-day gain versus the euro in 7-1/2 years amid signs the U.S. slowdown was spilling over to the global economy.
The Euro traded below 1.50 for the first time since February, with oil prices tumbling below $115 per barrel, adding to the euphoria.

logos999

>oil prices tumbling below $115 per barrel, adding to the euphoria.
Hooray, we're all saved. Let's have a big party in our SUVs. SUVs are cheap mow, a great time for buying

Carta_Pisana

7 1/2 years - that almost the same amount of time as....I wonder if the dollar will get stronger as jan 21 approaches? (a little levity dearies, that's all...)

norrisken

I can soon go back to eating 3 meals a day instead of 2 and buying gas to drive to work.

Jed

Post again when it reaches parity.

Lualpa

This thread started on a mere exchange rate number. It then drifted to very interesting domestic ecoonomics areas that I would have not dared into since I am not from the US (irresponsible spending, Iraq war borrowing) and foreign policy (Germany, Japan, Korea, Iraq et al) - but that I can not agree more with.
Going back to basics, I have done a little research on the exchange rate roller coaster and have found that between 1/21/2001 -GWB inauguration day- the dollar has depreciated 9% againat teh Yen, 35% against the British pound and 66% against the Euro (8/4/2008 rates).
Just facts. No comments.
"The sole truth is reality" (Juan Domingo Peron)