Forbes.com: Update 4: Markets Push Dollar to New Low Against Euro: "The euro likely will reach $1.35 next year and $1.40 in 2006 on a "loss of confidence in the United States" fueled by the view that the country's large deficits are "unsustainable," he said."

Quoting from the same article: "The euro, launched in 1999, is now 58 percent above its all-time low of 82 U.S. cents from October 2000." — What's changed since 2000 and now?