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So the dollar won't be decreased, or...?

All of this your discussing about FED, what would it do to the value of the dollar against euro i.e.? (if you don't focus on hte crisis in Southern Europe) Btw if there's going to be deflation in the U.S. won't it make the dollar rise?

LeeD 1.20 is my year-end target. In the next couple of weeks I think it will be around 1.30 before it will 'crash' due to Spain and Portugal. Another reason why I think Euro will tumble is because of the rate in the U.S. which will raise within the next months.

@LeeD I'm pretty confident. There's a reason why I haven't closed my short position in eur/usd. As I've mentioned especially Greece, Spain and Portugal are in huge problems. Greece has been given a huge loan, but there are a lot of requirements they need to meet, and already now there is a...

And within three years either the euro won't exist in the same way as now, or if it does it could be as low as 1:1 against USD. Countries like Greece, Spain and Portugal will pull the euro down and the other countries in the euro-area as well as IMF won't be able to stop it.

If you are short in eur/usd don't take the profit now, unless you don't want to be in a position for a long time. Even though you probably won't see the euro weaken in a week or two compared to the price right now, I think it will end the year in a price range about 1.20