Euro vs. Dollar

We've talked before on the blog about the euro hitting parity with the dollar and the deflationary effects it will have on the manufacturing sector here in the States. 

Well, the opposition from Finland and the Netherlands to the recent German capitulation to Spain and Italy's demands will certainly be interesting.  The recent "deal" is definitely in danger of falling apart.  One thing we've learned through out this mess is that even if the ink is dry for years on Bond deals, the rules could be changed at anytime.

Read the CNBC article for a little more information. 

Euro Down vs Dollar and Yen; Doubts Over EU Deal