Will the Euro US Dollar Parity Occur In 2017 - How Low Can The Euro Go?
A strong EURO is good for the United States and other nations who trade with nations in the Eurozone, but such advantages could soon come to an end. Consider if you well the 'economic hit' that came with Brexit to the Eurozone? Consider the slow motion train wreck that continues - remember the Greece bailout was a temporary fix, and other nations are not out of the woods by any means. Recently, there was a referendum in Italy, and the Italian banks are on the verge of the abyss. None of the PIIGS (Portugal, Italy, Ireland, Greece and Spain) of Europe are home free yet.