EUR might drop below USD

[picolo]

Is it possible that EUR might drop below USD in 2015? Syriza & ECB QE program
pushing price even lower against USD or do you think euro is at it's bottom right now
and is going to rise soon?
Discussion.

I think it is likely that both the Euro and the Dollar will go down. The FED is not going to rise interest rates this year or only of a quarter of a point then it will go back to 0 (and 0.25)

[1714056682]

1714056682

[cellard]

Is it possible that EUR might drop below USD in 2015? Syriza & ECB QE program
pushing price even lower against USD or do you think euro is at it's bottom right now
and is going to rise soon?
Discussion.

I think it is likely that both the Euro and the Dollar will go down. The FED is not going to rise interest rates this year or only of a quarter of a point then it will go back to 0 (and 0.25)

There's no way USD will go down in the near future, they are pumping the money machines hard to simulate a recuperation from the crisis. EUR cant do this as much tho.

[BillyBobZorton]

Is it possible that EUR might drop below USD in 2015? Syriza & ECB QE program
pushing price even lower against USD or do you think euro is at it's bottom right now
and is going to rise soon?
Discussion.

I think it is likely that both the Euro and the Dollar will go down. The FED is not going to rise interest rates this year or only of a quarter of a point then it will go back to 0 (and 0.25)

Draghi is going to save the EUR by injecting more money or at least for a while.
In the other hand tho Greece is fucked.

[pawel7777]

Some prediction of EUR/USD in 2015

The euro dollar exchange rate could well fall to 1.07 by the time 2015 has played out.

https://www.poundsterlinglive.com/exchange-rate-forecasts/1750-euro-dollar-forecast-2015-453543

[picolo]

Is it possible that EUR might drop below USD in 2015? Syriza & ECB QE program
pushing price even lower against USD or do you think euro is at it's bottom right now
and is going to rise soon?
Discussion.

I think it is likely that both the Euro and the Dollar will go down. The FED is not going to rise interest rates this year or only of a quarter of a point then it will go back to 0 (and 0.25)

Draghi is going to save the EUR by injecting more money or at least for a while.
In the other hand tho Greece is fucked.

Injecting EUR will blow more air in existing bubbles and create new ones while it is bearish for the value of the EUR in the long term.

[oblivi]

Just look at the news. Greenspan just said Greece will go out of the euro for sure.

[ajareselde]

Just look at the news. Greenspan just said Greece will go out of the euro for sure.

They were parasyte in EU from the very start. I really dont see the point of allowing them to join in the first place,but fine..
Euro strenght is often shaken by examples like Greece, and now with them leaving i have no doubt eur will get stronger.
As far as op title is concerned; NO, eur will never be under usd, it makes no sence, because eu is showing iniciative on too many levels to drop down in currency value ~25%
The very idea is disturbing..

[neurotypical]

Just look at the news. Greenspan just said Greece will go out of the euro for sure.

They were parasyte in EU from the very start. I really dont see the point of allowing them to join in the first place,but fine..
Euro strenght is often shaken by examples like Greece, and now with them leaving i have no doubt eur will get stronger.
As far as op title is concerned; NO, eur will never be under usd, it makes no sence, because eu is showing iniciative on too many levels to drop down in currency value ~25%
The very idea is disturbing..

If they kick Greece, what stops them from kicking Spain? as far as i know the next goverment there is very similar to Syriza.

[ajareselde]

Just look at the news. Greenspan just said Greece will go out of the euro for sure.

They were parasyte in EU from the very start. I really dont see the point of allowing them to join in the first place,but fine..
Euro strenght is often shaken by examples like Greece, and now with them leaving i have no doubt eur will get stronger.
As far as op title is concerned; NO, eur will never be under usd, it makes no sence, because eu is showing iniciative on too many levels to drop down in currency value ~25%
The very idea is disturbing..

If they kick Greece, what stops them from kicking Spain? as far as i know the next goverment there is very similar to Syriza.

Its not only the gouvernment that is in question, its mostly the people that dont want to apply changes to their lives.
Its totaly fine to be irresponsibile alone, but inside a colective like union its unacceptable.
Greece is a school example of a financial black hole, its sad EU spent so much trying to feed their hunger for more.

[superresistant]

Just look at the news. Greenspan just said Greece will go out of the euro for sure.

They were parasyte in EU from the very start. I really dont see the point of allowing them to join in the first place,but fine..
Euro strenght is often shaken by examples like Greece, and now with them leaving i have no doubt eur will get stronger.
As far as op title is concerned; NO, eur will never be under usd, it makes no sence, because eu is showing iniciative on too many levels to drop down in currency value ~25%
The very idea is disturbing..

If they kick Greece, what stops them from kicking Spain? as far as i know the next goverment there is very similar to Syriza.

http://www.zerohedge.com/news/2015-02-08/if-greece-exits-here-what-happens-redux

[thejaytiesto]

Spain is too big to get kicked from the Euro... Greece maybe, Spain impossible.
Whats sure is Greece will never come back to 2004 years and Spain will never come back to 2006 years. The future is poor.

[fastBeast]

Spain is too big to get kicked from the Euro... Greece maybe, Spain impossible.
Whats sure is Greece will never come back to 2004 years and Spain will never come back to 2006 years. The future is poor.

portugal, spain and italy are too big to fail!!!
a lot of debt it is held from germany, france etc etc...
so, they cannot fail

[picolo]

Spain is too big to get kicked from the Euro... Greece maybe, Spain impossible.
Whats sure is Greece will never come back to 2004 years and Spain will never come back to 2006 years. The future is poor.

portugal, spain and italy are too big to fail!!!
a lot of debt it is held from germany, france etc etc...
so, they cannot fail

If they cannot pay their debt, the ECB may buy them which means the Euro will plunge in value.

[redHairy]

Spain is too big to get kicked from the Euro... Greece maybe, Spain impossible.
Whats sure is Greece will never come back to 2004 years and Spain will never come back to 2006 years. The future is poor.

portugal, spain and italy are too big to fail!!!
a lot of debt it is held from germany, france etc etc...
so, they cannot fail

If they cannot pay their debt, the ECB may buy them which means the Euro will plunge in value.

i do not know if buy debt from BCE and EUR falls, are linked....
but BCE will buy debt for sure...
did you read about QE [quantitative easing] from Draghi?
more than 1000 billion of debt bought from BCE...
until inflation do not stabilize to 2%

[Amph]

Spain is too big to get kicked from the Euro... Greece maybe, Spain impossible.
Whats sure is Greece will never come back to 2004 years and Spain will never come back to 2006 years. The future is poor.

portugal, spain and italy are too big to fail!!!
a lot of debt it is held from germany, france etc etc...
so, they cannot fail

If they cannot pay their debt, the ECB may buy them which means the Euro will plunge in value.

even if they fail, i don't see a reason for the euro to drop below usd, they were never strong enough to carry a good amount of the euro value

[redHairy]

Spain is too big to get kicked from the Euro... Greece maybe, Spain impossible.
Whats sure is Greece will never come back to 2004 years and Spain will never come back to 2006 years. The future is poor.

portugal, spain and italy are too big to fail!!!
a lot of debt it is held from germany, france etc etc...
so, they cannot fail

If they cannot pay their debt, the ECB may buy them which means the Euro will plunge in value.

even if they fail, i don't see a reason for the euro to drop below usd, they were never strong enough to carry a good amount of the euro value

i don't know what will be the end of EURO game...
but i know there are a lot of private EUROBillion invested in EURO debt...
and i think if EURO will say "GAME OVER",
will be really tough times for everybody

[kitarohotono]

Gold to the moon if euro fails I think

[picolo]

Gold to the moon if euro fails I think

Gold to the moon because the bubbles are going to pop hard! The Dollar is going to pop. It will be horribly spectacular and they will all be there saying why it happened when no one predicts it now except the austrian economists.

[countryfree]

Whats sure is Greece will never come back to 2004 years and Spain will never come back to 2006 years. The future is poor.

Spain is on its way to a nice recovery, it's really bouncing back. I just hope Greece will be kicked out as an example. If Greece succeeds in getting new loans, that will kill all reforms in Spain, Italy or France. It will be back to the old days of ever growing deficits and inflation. Only BTC will gain from it, but I'm not sure I want that, as there will be so much painful side effects if the Euro goes down.

[galbros]

This is not a big deal.  In the early 2000s one USD was worth more than one Euro.