Relevant and even prescient commentary on news, politics and the economy.

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…of very few countries that actually bought fewer US goods in 2003 than 2002, despite the huge drop in the euro/$ exchange rate. The “American Fries” effect in reverse? Kash…

…In morning trading, the euro was at $1.2655, down from $1.2751 late Tuesday in New York. Sterling was also lower at $1.8350 from $1.8447, while the dollar rose against the…

…attractive to foreign buyers. How long will European policymakers be content to see the euro rise so sharply when Asian currencies are not? Judging by comments from Mr Trichet and…

The Resumption of The Big Dollar Slide? The US dollar hit a record low against the euro today, of about .83 €/$. It’s been trending down for the last year…

How was this for great timing? The dollar continues to fall against the Euro, likely due to some nefarious plan by the French to decrease the US trade deficit. On…