Comments on: The Euro Continues Its Decline

By: CapTVK

CapTVK — Wed, 01 Jun 2005 04:42:20 +0000

Inflatory pressure is going rise. We won?t have the benefit of the rising euro to dampen oil/gas price hikes.

As long as the process is gradual things should be ok. Almost 1 cent a day is high though. This shouldn?t go on too long.

By: Just a Passerby

Just a Passerby — Tue, 31 May 2005 18:20:05 +0000

As long as it’s above parity, I’m happy. Wild fluctuation is a risk in international trade. At least a lower euro should help us export.

By: Edward

Edward — Tue, 31 May 2005 14:15:52 +0000

“Nice news but we are still far than US$1 :-(”

Well yes, a long way to go, I’m afraid, but our political leaders seem to be talking it down by the minute :).

I think in general a 1:1 euro/USD would in fact be beneficial for the EU economy. Actually the ECB may take the view that this is the easier way of doing it than raising rates on Thursday.

By: fredouil

fredouil — Tue, 31 May 2005 12:21:41 +0000

Nice news but we are still far than US$1