[1rudeboy]

The EU does not run a trade deficit so the € is strong.

I called you on that BS last week, or the week before. Did the EU suddenly swing into a trade surplus in ten days?

[dennisw]

If so I missed it. EU is in trade balance. The core EU of 15 nations. Even the EU-27 is doing well with a small trade deficit 16 billion Euros

http://epp.eurostat.ec.europa.eu/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2007/PGE_CAT_PREREL_YEAR_2007_MONTH_10/6-18102007-EN-BP.PDF