Euro just under $1.22

Old May 18th, 2010, 12:21 PM
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Euro just under $1.22

Got my daily currency e-mail....the euro is at $1.2196419472 so the question has to be asked....how long till is slides through the psychologically important $1.20 level?

In case you're interested, the pound is at $1.4334543489 headed for $1.40...

Happy Days are here again for travelers...how good this is for the world's economies I'll leave to others more knowledgeable to answer.
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Old May 19th, 2010, 07:44 AM
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Unfortunately today the euro rebounds.
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Old May 19th, 2010, 08:10 AM
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I'm just glad I don't keep much of anything in my French checking account.
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Old May 19th, 2010, 09:12 AM
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See as soon as people start "gloating" then... the trend changes
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Old May 19th, 2010, 09:21 AM
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If you think about all the Euro and Sterling denominated investments you might have in your 401K or pension funds, you might not be so happy. At least that's the way I think about it when the dollar tanks and I am travelling....
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