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Re: USD - Euro
[ QUOTE ]
Officials of the largest global economies, at separate meetings in Berlin and Santiago on Nov. 20 and 21, indicated that they're going to allow the buck to fall for a while as the U.S. seeks to lower its now-infamous "twin deficits" in its current account and trade balances with other nations. [/ QUOTE ] -businessweek [ QUOTE ] Some economists also argue that competition between countries is part of globalization's rising tide that will eventually lift all boats. [/ QUOTE ] -IHT This was a good read IMO regarding the falling dollar. http://www.spiegel.de/international/...453906,00.html |
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