Originally Posted by Marc
Well, it got to 1.25 last year in a flight to "quality." Assuming the Euro still exists in a year or two, it won't be any lower than that. Of course, if Germany pulls out of the Euro, the Euro will be back down to par with the dollar while the Deutschmark will be the strong currency.
Still, I wouldn't bet money one way or the other right now.
To be proven so wrong so quickly.
At least when I pay my 32,000 Euro tax bill this summer I won't have to fork over as many US Dollars as I had anticipated.