I would love to see the Euro go to par on the US Dollar... I really don't see any justification for the Euro and the Pound to be selling at that much of a premium over the dollar...
But a weak dollar has been FED policy for some time... I mean...zero interest rats...? For what...! Its not as if the American economy is a major exporter...
But a weak dollar has been FED policy for some time... I mean...zero interest rats...? For what...! Its not as if the American economy is a major exporter...
A pint of warm ale in London can cost 5 or 6 UK pounds...which is $8 or $9 dollars depending on your exchange rate...