EUR/USD $1.24 by the end of the year?

Discussion in 'Forex' started by ForexSaint, Feb 12, 2010.

  1. I think due to the financial crisis in Europe, and the Euro being a weaker currency than the USD I think there is a good possibility that we might see the EUR/USD in the $1.24 range by the end of this year. Greece is not the only country in Europe with problems, there are others like Spain, Portugal, Slovakia and Italy.
    Also there are many eastern European countries that are awaiting to join the Euro, which might be put on hold for a few extra years due to the financial unrest.
  2. not a bleeding chicken's chance in China :p
  3. is not
    Europe recovering like the USA is?