How Low will the Euro Go?

[frihetsivrare]

It depends upon if/when a debt crisis happens in the United States before or after some of the other Euro nations, such as Portugal, Spain and Italy.  If those three all go before the USA, then I expect parity before another rise. 

[frihetsivrare]

On a related note, French President Sarkozy reportedly threatened to have France pulled out of the Euro.

http://www.telegraph.co.uk/expat/expatnews/7723782/President-Nicolas-Sarkozy-threatened-to-pull-France-out-of-euro.html

http://blogs.wsj.com/marketbeat/2010/05/14/euro-zone-fears-spark-ugly-sentiment-again/

[frihetsivrare]

It depends upon if/when a debt crisis happens in the United States before or after some of the other Euro nations, such as Portugal, Spain and Italy.  If those three all go before the USA, then I expect parity before another rise. 

There shouldn't be any debt crisis in the US.

That is why I wrote if/when. Besides, the national debt is about 85% of GDP, and expected to climb higher.