Will the US Dollar Index go back to 115?

[Optional]

Looking at the charts, and it's quite possible...
Since a target without a time frame is useless, I will say by 2015...
That would put the Euro back around 85 cents...

A currency crisis, Europe collapsing, US equities and commodities collapsing, skying interest rates, could all bring about this scenario...

What you think?

 

[Optional]

bump

 

[promagma]

I don't know about 115 but I think it will go higher than many think. I am in a long term trade .... long gold hedged with long US dollar index.
So far doing well, and should be a good trade for the upcoming decade if we encounter more exciting times.

 

[rcaldwell]

Only chance is if gov't spending drops markedly, tax revenues rise and the economy and unemployment stabilize and turn positive.

 

[OTCkrak]

what people need to understand about currencies is that there is no "floor" or "ceiling"..

with a rumor of the EU breaking apart, imagine sovereign funds dumping "billions" of EUR for any other currency. EUR/USD at 0.2500 - 0.1000 or less is possible in panic sell off by factor of cross rates.

look at the reciprocal of the current rate for USD/JPY 89.25.. JPY/USD = 0.0112

with that said.. I hope the dollar burns and crashes.. so the economics of JMK can finally be discredited.