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Thursday, June 02, 2005

Keep Cheering for the Strengthening of the Dollar (or Weakening of the Euro)

Regardless of how you spin it, if the current trend continues, we will certainly have more buying power come trip time...

"The euro, which has lost about 3.2% since France voted resoundingly on Sunday to reject the EU constitution, fell below $1.22 late in U.S. trading for the first time in eight months."

Just two weeks ago while I was "over there", the exchange rate was $1.30; about 5% change. Keep up the good work everyone.

3 comments:

BarleyMan said...

Yea,

I am sure this is all due to Bush-o-nomics. His plan to strengthen the dollar is working....

Chugger said...

Ok. Ok.

Keep it beer focused.

Barbus said...

And since yesterday a new supporter to make your trip more affordable; Netherlands even more firmly siad NO (so sad). So the euro will be under more pressure.
So you see it has nothing to do with your Bush-o-nomics. Chugger please tel Beth!, and also inform Melissa and Peyggy they should have waited 2 weeks to bouy all these bags!