The Euro is currently on of the strongest currencies. The dollar is falling because of our massive trade deficit (the gap between what Americans import and export).
Every month, the U.S. economy buys some $50 billion more from the world than it sells, in the act flooding the world with private dollars.
In the last 14 months, the deficit has risen more than 9%.
Why is the exchange rate from Euros to dollars so bad?
The US economy is in the toilet... with our reputation.
Why is the exchange rate from Euros to dollars so bad?
NO, from dollars to Euros is bad. From Euros to dollars is GOOD.
1 euro = 1.65 (?) dollars
1 dollar = .80 (?) euros
approximately
Why is the exchange rate from Euros to dollars so bad?
The US economy is just tooo bad in comparison with the economy in Europe!
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