Reuters : FRENCH PM – I ONLY SEE GOOD NEWS IN PARITY BETWEEN EURO AND DOLLAR

Quote from Ivanovich:

Well, the job number was out, and it was almost entirely Census. The number disappointed even the higher calls. Green Shoots?

EUR to break 1.20 in the next hour?
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I was only two hours late :)
 
Funny how the phrase 'green shoots' seems to have gone right out of fashion.

Around the turn of the year all one heard was 'g-s' - 'g-s' - 'g-s'.

Some call it reality, rather than wishful thinking.......
 
I would tend to agree. I don't see why parity with the dollar would be a bad thing for Europe. In fact, I don't see why it would be bad for us either.
 
Exchange rates mean nothing. They mean something only to speculators. GBPUSD was at 30 or even higher at some point in time. UK still exists, although not an empire. EU will still exist after EURUSD goes to 0.5 but it will not have hopes for a high place in reserves of central banks. They should have known this when they admitted 17 more poor nations in EU. It is now a long shot. They need to print money, print and print again, or revert to local currencies. This is the story in a few lines. Accept inflation and EUR devaluation, or revert to local currencies.
 
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