Anyone's ER plans affected by / dependent on the US dollar strengthening?
Or if you prefer, the dollar holding and the Euro weakening.or falling faster than an already longtime ailing dollar.
Specifically what are people's views for the outlook, of the EUR-USD for say:1-month, 3-months, 6-months down the road?
Seems the general consensus is the swelling US deficit, low interest rates, and Europe showing signs of improvement without quantitative easing, means bearish times for the dollar ahead, circa: $1.40-$1.47+.
Yet there are boatloads of Dollar bullish analysts at the big banks kicking out investor reports forcasting EUR-USD back to $1.30 by June, $1.20 by September!!!? Some technicians are even forecasting near-term future EUR-USD parity!
--What are they basing this on? What do they know but aren't saying?-- any thoughts?
Or if you prefer, the dollar holding and the Euro weakening.or falling faster than an already longtime ailing dollar.
Specifically what are people's views for the outlook, of the EUR-USD for say:1-month, 3-months, 6-months down the road?
Seems the general consensus is the swelling US deficit, low interest rates, and Europe showing signs of improvement without quantitative easing, means bearish times for the dollar ahead, circa: $1.40-$1.47+.
Yet there are boatloads of Dollar bullish analysts at the big banks kicking out investor reports forcasting EUR-USD back to $1.30 by June, $1.20 by September!!!? Some technicians are even forecasting near-term future EUR-USD parity!
--What are they basing this on? What do they know but aren't saying?-- any thoughts?