$ US & € Euro at parity with 18 months?

Discussion in 'Classic Menswear' started by von Rothbart, Jun 3, 2005.

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  1. von Rothbart

    von Rothbart Senior member

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    Heard some experts said on on public radio this morning that US & Euro will be at parity within 18 months. Partly due to the rejection of Euro constitution by the French and Dutch voters, dismal economy at Euro zone largest economies: Germany, France and Italy, and the inclusion of less-developed new Euro members.

    Euro is now trading at €1 to $1.22 down from $1.35 couple of months ago. Do you think US $ will further strengthen against Euro € ?

    I am thinking of postponing my European trip this coming fall.
     


  2. RJman

    RJman Posse Member Dubiously Honored

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    That's what I've been sacrificing chickens at the full moon for for the last two years.

    I think the dollar's still overvalued versus the euro, but the recent ornery Franco-Dutch stubbornness might causes some bouncing and wobbling. May their Constitution rot and die.
     


  3. Roy

    Roy Senior member

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    It's not like our (as in the Dutch) opinion matters in Europe anyway. There are no consequences from the referendum since the outcome wasn't binding in any way. They could still adopt the constitution.

    But I fear that the French have a considerable larger influence than we do. Unfortunately.
     


  4. von Rothbart

    von Rothbart Senior member

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    You have been doing it all wrong. It must be cocks, not chickens, for it to work.
     


  5. RJman

    RJman Posse Member Dubiously Honored

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    you kinky bastard.
     


  6. bryce330

    bryce330 Senior member

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    Didn't the Dutgh government pledge that they would abide by the results of the referendum if turnout reached a certain level?

    Regardless, it would be great to see 1 Euro=1 dollar but I don't think it will happen anytime soon. I would certainly be happy if the Euro would settle into the $1.10-$1.20 range and stay there for a while.
     


  7. whnay.

    whnay. Senior member Dubiously Honored

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    Really? I wonder why that is... [​IMG]
     


  8. Roy

    Roy Senior member

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    (Roy @ June 03 2005,12:44) It's not like our (as in the Dutch) opinion matters in Europe anyway. There are no consequences from the referendum since the outcome wasn't binding in any way. They could still adopt the constitution. But I fear that the French have a considerable larger influence than we do. Unfortunately.
    Didn't the Dutgh government pledge that they would abide by the results of the referendum if turnout reached a certain level? Regardless, it would be great to see 1 Euro=1 dollar but I don't think it will happen anytime soon. Â I would certainly be happy if the Euro would settle into the $1.10-$1.20 range and stay there for a while.
    They have pledged many things over the past years, most pledges have been broken. Politicians are politicians. No matter where you are in the world. I think that the outcome wasn't even against the European Union, more against our current government. But I wouldn't mind a stronger dollar. We need some more export.
     


  9. j

    j (stands for Jerk) Admin

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    Moved to Current Events Power and Money
     


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