Just checked the exchange rates for 120 days and the year for the Dollar versus the Euro. doesn't look good the dollar.
The Pound seems to be holding up against the Euro (and doing well against the dollar).
Which means that the gains on the US stock exchange are meaningless, because the dollars that have been gained there are cancelled out by the fact that the dollars themselves are worth less...
The Pound seems to be holding up against the Euro (and doing well against the dollar).
Which means that the gains on the US stock exchange are meaningless, because the dollars that have been gained there are cancelled out by the fact that the dollars themselves are worth less...
no subject
Date: 2003-12-23 07:51 am (UTC)Do there exist sites that do the conversion of a stock (or index) to other currencies? I'd love to see how the Dow Jones looks when computed in Euros.