[A CA Guy]

Thanks, and what about Europe makes it's currency so strong?

I think it's the newest thing on the block, but that eventually the Euro will drop like junk bonds.

[Hong Kong Expat]

Two reasons for the Euro's strength.
1) It's no longer the new kid on the block and for the currency investors need a diverse portfolio as well.

2) The Euro won't drop unless the US gets back to the balanced budget. The deficits are too big and we've been printing money to finance the spending and tax cuts.

Because of the Euro, the US can't do the same things with our currency that we used to do.