[dodger]

It is worth remembering that it take 40% more dollars to buy Euro or other currencies than in 2003

Good point. But can anyone explain why the Euro has risen so much? I, for one, do not see fundamental economic strength in and around Europe ...

[AdamSelene235]

Good point. But can anyone explain why the Euro has risen so much? I, for one, do not see fundamental economic strength in and around Europe ...

The Euro is also falling in terms of hard assets. The dollar is just falling faster.

[gondramB]

>>It is worth remembering that it take 40% more dollars to buy Euro or other currencies than in 2003

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Good point. But can anyone explain why the Euro has risen so much? I, for one, do not see fundamental economic strength in and around Europe ...<<

one component is American budget and trade deficits - it gives the appearance of a country that can’t control itself. Plus interest on the debt is a big drag.