Touching Alltime Euro/Dollar Lows

I see that on Friday we touched all-time lows for the Euro/dollar exchange rate.

For those of you keeping score at home, here, courtesy of Bloomberg is the dollar carnage since the Euro’s 1999 launch versus various major currencies:

  • Euro: -16%
  • U.K. pound: -20%
  • Australian dollar: -36%
  • New Zealand dollar: -40%
  • Canadian dollar: -38%