[Prodigal Son]

Can't figure out why everybody acts like the dollar is so incredibly weak against the Euro. The Euro was launched at around 1.18. It's at 1.23 now. Jeez, it dipped down below one dollar a while back and it was no big deal supposedly. It's five cents more than its launch and the sky is falling? Hmmmm....

Chart below shows the Euro's history over the long term. You can see it was basically at the same level it is now when it was launched in the late 1990s. Then look at that dip. The Euro hasn't been surging so much as it has been getting back to where it started when it was officially launched.

Certainly no cause for alarm or it should've been very alarming when at the Euro's official launch that the dollar was so weak against it. I don't recall hearing too much about uproar about it back then...

[Dallas59]

Sounds like a football game...Yards rushed..that sort of thing.

[SUSSA]

I'm not alarmed, but this is worth watching

[BigDoom]

I see it as another sign for a return to normal life. The old Deutschmark was as strong or even stronger before, same to the Swiss franc. No cause for alarm or even close watch, it helps our economy like a second huge tax-cut...

[KeyWest]

Thanks for the graph. Explains much. Buffet and Suros are also players and they are up to no good.

[bert]

Which is to say that there was a period when the $$$$ was abnormally high.

Near parity with the Euro does not hurt America as much as the rate of the change affects the Europeans.