>BTW, if you blokes were holding US$, exactly what circumstance would make
>you put it into Euros right now (obviously an 89-100 relativity ain't
>enough for anyone else just now)? Is there a compelling scenario whereby
>the greenback goes down the toilet relative to an assertively autonomous
>Euro?
Contrarian thought: "everyone" "knows" that the U.S. is on top of the world, and Europe is washed up. (Hell, I even read this in NLR, so it must be true!) So, on the old investment strategy that holds that when everyone knows something, it must be wrong, it'd be time to buy euros and short dollars.
Doug