Apparently the Euro has passed $1 again. This is wonderful, because when it is near $1 there's a very strong pressure for it to stay exactly that, and one could imagine having a very simple exchange rate for a while...

Why do I really post this info? Well if the dollar is this week, then Dave you might just want to take your money out of that Swiss bank account soon. According to this website, over the past year the Swiss Franc has gone from $.576 to $.68. (I'm still ammused at the picture of you trying to explain to the security clearance guy why you have a Swiss bank account.) On the other hand, you might not be in such a hurry to switch your dollars over into pounds...

I ran accross this fact on Matthew Yglesias's weblog who is not only a rather interesting liberal blogger (yes they exist), but also our dear friend Bessie's prefectee.

Update: link fixed.