will it break 1.40 today? I wonder how much longer can it rise. It’s not like the EU is such in a great position. Ireland, Portugal, Spain, Greece, are all in high risk of default (or bailout) which will definitely make EUR tank. The US clearly wants a weak dollar, but so does every other country regarding their own currency… what do you think?
Yeah, it’s crazy that it’s even gotten this far. The only country doing any kid of exporting is Germany, and that’s mainly to China. You’d think the EU would join the party and try to strategically devalue to spur anykind of growth considering 3 of it’s member states are essentially insolvent.