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September 13, 2007 | No comments | General

Euro strong!

Today, Euro beat a new record high. It was negotiated at 1.39$ This increasing price is creating new opportunities to some companies like travel agencies. It’s never been so cheap for europeans to travel to USa and buy products in us dollars. News say that there’s a 20% increase in buying power from the europeans… Off course there’s always the negative side for some…. Companies that export to USA see their profits going down the drain….. Let’s see how this will evolve…

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