I think it’s noise. The Euro is stonger, the Pound is stronger, but the Yen is essentially the same, as is the Mex Peso.
By stonger, I mean 8% over the last year. It also happens to be 8% total over the last two years. And of course, flat compared to Q1 2005 Q4 2004, about 8% up compared to 2004 …
Sorry, but it’s not like the magically wek dollar is suddenly making everything more expensive.
It just give the talking heads something to babble about.
