Quote:
Originally Posted by RPKESQ
This is BS. The Euro has gained on the dollar pretty steadily for years now.
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My comment was time specific to around the crash. The USD did climb in value from apx $2 USD to the Pound to apx $1.40 USD to the Pound. It is nmow around $1.62 USD to the Pound. Long term it has hovered right around $1.50 USD to the Pound.
At one time the not too long ago the USD and EU had parity...then with the oil bubble the EU became stronger and with the crash went back to pairity..and now the USD is at $1.42 to the EU. I don't follow the EU as closely as I do the Pound, AU or CDN $.
And yes long term the USD has been on the decline..to now it is $1.62 USD to the Pound. It will continue to decline with the big spenders and national debt makers policies and programs in Washington.