[demlosers]

The US$ to Euro has plunged from about $1.29US to $1.23US per one Euro within the last week. That's a 5% change in the direction of a stronger dollar. I trade currencies and I don't follow this guy.....

They're just the doom and gloomers.

You beat me to it that the dollar is on the upswing. Since Germany announced they had a recession last yr. at -0.1 of GDP, and the EU finance guys said they are concerned about the recent strength of the Euro.

I think the dollar will gain 5 to 10 cents more on the Euro before the rates becomes stable. If the U.S. economy maintains a decent growth rate, and the $ interest[FED] rates increases, then the dollar will break above the 1 to 1 barrier by about 10 cents.

[Jaysun]

I think the dollar will gain 5 to 10 cents more on the Euro before the rates becomes stable. If the U.S. economy maintains a decent growth rate, and the $ interest[FED] rates increases, then the dollar will break above the 1 to 1 barrier by about 10 cents.

I'm with you. I think that the dollar is going to continue to rise for a decent period of time. The thing is, everyone except for those involved in international trade will never know the difference anyway.

[B4Ranch]

"They're just the doom and gloomers."

So far the trend has been DOWN. A one week change also occurred in November. Then down and down we went.

[Axenolith]

If the U.S. economy maintains a decent growth rate, and the $ interest[FED] rates increases...

Two things which, like matter and antimatter, are not going to coexist in the same space (Because much of the last couple of years of consumer spending was derived from the massive amount of cash out refinancing).