…to cut wages. How does cutting wages help pay back your country’s debts? This is a big hangup to me as a big prolabor guy. I’m thinking America (not Europe)…

…EU and use the Euro because they had depreciated the hell out of their currencies for decades and were unable to borrow money at reasonable rates anymore, if at all….

…I was such a one, I haven’t been following German unemployment). The OECD standardized US unemployment rate surpassed the Euro area unemployment rate in August 2009 (warning pdf) (figures for…

…Now I personally suffer from a particularly humiliating form of money illusion. I earn and spend in Italy in Euros. The Dollar/Euro exchange rate has essentially no effect on my…

…total trade weight for China is 11.345% ranking as the third highest behind the Euro area (18.802%) and Canada (16.434%). Japan’s weight is 10.581%, Mexico’s is 10.004%, and the UK’s…

…deposits held in dollars in favor of the euro, yen and other currencies in the third quarter of last year, the Bank for International Settlements said. The share of deposits…

…tightening also expected in Canada and — in the final months of 2005 — in the euro zone, a Reuters poll of more than 150 economists showed Tuesday. …The median…

…that the markets should make the decision about the relationship between the dollar and the euro,” he said. If it had ended there, Bush’s comments would not have been provocative….

The dollar’s downward slide of the past two months is continuing today. The dollar has hit a new record low against the euro, unsurprisingly; but the dollar is also at…

The dollar has hit a record low already this morning against the euro, of over $1.30 per euro. The yen/dollar exchange rate is still hovering at about 106. I suspect…