![]() |
Wow EUR/USD at 1.12
It seems like the Greek poll results have pulled EUR down..
|
Blessed are the Greeks.
http://www.propmasters.net/product_t...pg&w=650&h=365 |
Recent weakness is more about the QE but it will not surprise me to see EUR hit parity with USD this year....... lot of people in FX markets are expecting it.
|
Nice. :thumbsup
|
|
Interesting.... let's see what we will have in future...
|
I'm not suprised to see EUR/USD= at 1
|
always see the bright side of life...
|
|
Odd, if you look one month back the USD was not much of a safe haven. After the swiss franc shit, euro trouble the Greenback is looking pretty damn good
|
Hope it stays like this for a while :)
|
btw it's already going in the other direction...
Let's wait for the real politics... |
It's pretty obvious it will go down to 0.5, sooner or later.
Either way a great opportunity to get rich. |
Quote:
|
|
Quote:
|
Quote:
|
Quote:
(and yeah i know the QE stuff) |
Quote:
The main weakness from around 1.35 to around 1.15 was due to deflation in Eurozone and therefore expectations of QE and if that's already priced in then maybe Greece adds some extra momentum but the QE is over $65 bn per month for upto 19 months and the US economy (even though hardly a recovery) is looking stronger so the USD will be getting stronger at the same time that the Euro is getting weaker. Even though there's a low chance of US rates going up this year, if you have two cars pulling away from each other at 10 km/h the distance gained between them is at double the speed - at least that's my analogy. I think there's a high probability of Euro/USD parity (1 USD = 1 Euro) happening this year but wouldn't it be the first time ever? |
Quote:
|
Quote:
|
So as an American is it cheaper for me to travel to Europe or more expensive?
So confused. LOL |
Quote:
|
Quote:
Code:
Actual Previous Highest Lowest Dates Unit Frequency Euro | 1957-2015 | Data | Chart | Calendar | Forecast | News As I recall $.92 since the EU economic zone was operative |
Quote:
Dollar dominance to push currency towards parity with euro - Telegraph Well, we were told to expect currency turmoil in 2015 and beyond, so its really just beginning. I don't know what this gonna look like 10 years from now but scares the hell out me - hyperinflation probably. |
All times are GMT -7. The time now is 04:47 PM. |
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc123