The dollar is falling with respect to the Euro. No news flash there. One aspect of this situation bears consideration, though. With the fall of the dollar, labor and services is lower cost, with respect to the European costs. This means that, for consumption in the U.S. market, European labor is not competitive, leading a natural analysis of production in the U.S. for the U.S. market.
Some indication of these analyses are starting to appear. An NPR article this morning had a short mention of this at the end of the article. You have to listen to the radio announcement, though, because the written form does not have this indication. Could present interesting business opportunities.
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