Check out today%26#39;s www.nytimes.com article:
nytimes.com/2008/…
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2008 is an election year and the $US is always its strongest in an election year so while the Fed may be optimistic, the Forex traders aren%26#39;t.
By May %26#39;09 (my next visit) I am expecting the Euro to be at $1.78 US.
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I fear Congress will try to inflate our currency to solve the latest problems. Only two Fed governors care to fight inflation. Sad to say, you may be quite right Georgeco. Best investment I made was to bring back a pile of Euros from last trip to Paris.
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Thanks Pixfield......
That%26#39;s great news!
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