Just thought I’d mention that my handy, dandy euro/dollar widget in my Windows desktop has been stuck at 1.282, just hovering there for the last 24 hours. It seems strange that it hasn’t budged even a 100th of a cent each time I’ve glanced at it through the day.
It makes me wonder if the Fed has been having one heck of a day keeping up with the demand for dollars.
Of course, I could be wrong. It is Good Friday and maybe everyone is on holiday. But one can hope that the folks at the Fed learned a lesson from 2008.