I’m sorry, but… what?
This is simply nonsense as far as the Euro is concerned. The US dollar has NEVER been worth 1.50 Euros. Never. Ever. Similarly the US dollar has NEVER been worth 1.5 UK Pounds Sterling. Never. Ever.
Where do people come up with this stuff?
We are currently at the HIGHEST we have ever been vs the UK Pound. At one point, over 50 years ago, it took as much as $4 to buy one UK Pound. In the 70’s it was $2.40 per Pound.
With respect to the Euro, currently 1 Euro will by about $0.96. When the Euro launched in 1999 (just as an “accounting” measure, no coins, bills, etc. it was worth $1.14. After they actually launched the currency itself in January 2002 it was worth approx $0.86. It has not been that low since and rose as high as $1.58 in March 2008. By any standard, $0.96 is pretty low for the Euro and pretty high for the US$.
And in case its not clear, I have quoted how many US dollars one Euro will buy. You could also flip it, so that using the monthly numbers I gave above, currently $1 will buy about EUR 1.04. In January 1999 $1 would buy EUR 0.88, while in January 2002 $1 would buy 1.16 Euro. In March of 2008 $1 would only buy 0.63 Euro (I remember that well, since I was trying to buy some camera equipment in Europe at the time. Needless to say, I didn’t bother.
Facts, people. Sometimes we need to pay attention to them.