Dollar continues on a tear. Many smart guys think it will go to 117, (currently 122+) which was the original entry price. I think this kind of reasoning is bullshit because the markets were dealing with a brand new currency no one knew anything about. After its introduction it went straight into the tank bottoming at around .86 before rallying to its recent lofty levels. What's it worth? It's worth the market price. Period. Remember that Germany, while their internal economy is gloomy, has much of their manufacturing done out of the country---multi-national----so their companies are not burdened with those insane union contracts any more. France has some strong, though protected, companies.