Talk:US Exchange rate a concern for Europeans
$/Euro is actually 1.33 as I write.
Article should also mention other relevant currencies, as not all European members of the G-20 use the Euro. Notably, the GB£, which is now 1.89 to the US$.
You might mention something about the fact that when the euro was just introduced, the problem was the other way around, with the euro costing around $0.85 iirc. European leaders also voiced concerns then. An article in 'de Volkskrant', a Dutch newspaper, mentioned today that they might not want a high or low price for the euro, but more control over its price. —The preceding unsigned comment was added by 220.127.116.11 (talk • contribs) 10:40, 30 November 2004
You might wish to note that this situation has to do with the US economy not getting started up. You might also want to note that the ECB buying euros (as has been suggested) would probably make EU products cheaper to US people and make US products more expensive for EU people, but this isn't technically a problem of the central bank - it's a problem of the US economy, that isn't offering interesting products to the EU people.
You might make the point more clear - that this is economic intrevention by ECB that would hurt the consumers in the EU area because of US trade deficit. --18.104.22.168 21:30, 30 Nov 2004 (UTC)
I think this article is all right. Of course, the more delayed it is, the exchange rates are going to be off. And of course, one could take this as a starting point for some deeper thoughts about the US economy, or a comparative essay about the different currencies and their relationships. But I think it delivers its message (europeans don't like weak US$, because...) and even compares this to the chinese approach. To me, the fact that this article hasn't been published days ago is a strong argument against the peer review process as it is. IMHO, there should be a number of categories, at least one for reviewed articles and one for those not yet reviewed. Also, there could be different teams of reviewers with different approaches... But that's probably for the future. Right now, I think the exchange rate could be updated (to 1,33, according to the latest Frankfurt numbers), and then this article should be published. 22.214.171.124 —The preceding unsigned comment was added by 126.96.36.199 (talk • contribs) 20:38, 2 December 2004
The final sentence of this article is ambiguous. "U.S. officials have made many comments throughout 2004 calling for China to end this practice." Which practice? Presumably, this means the practice of a fixed exchange rate undervaluing the yuan. But the immediately preceding sentence talks of China's purchases of US treasury bonds. US officials certainly haven't demanded China end THAT practice! --Christofurio 13:36, 6 Dec 2004 (UTC)
If the Yuan is 50% under-valued, that indicates products are 67% of actual cost (actual Yuan value is 150% current) - Amgine 21:34, 14 Jan 2005 (UTC)