The Euro continues its slide, breaking the $1.20 barrier today.
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Rook
but because I’m lazy with my math and conversions, I’m not crying yet—I’d like to see parity, as it would make a European vacation more of a possibility….
“If Stupidity got us into this mess, why can’t it get us out?” — Will Rogers
The silence from the ECB almost screams. They are probably all shorting the € themselves.
– Thinking inside the box maximizes risk adjusted profits
The Germans have finally understood what the Chinese, French and the Canadians have known for decades: Keep your currency low and exports will blossom.
Albert
Translation error by Reuters caused the latest fall. LOL
Trop rapidement peut-être : dans la précipitation elles traduisent “parité” par “parity”, un faux-ami. En français, le terme “parité” signifie en effet “taux de change d’une monnaie par rapport à une autre” alors que “parity” s’entend dans le sens étroit d’une égalité parfaite entre les devises
– Thinking inside the box maximizes risk adjusted profits
means $$parties can party in Paris
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