Hi Folks,
Long time lurker first time poster.
I recently bought into a substantial investment that converted to dollars and now thanks to recent trends has risen 23% since July thanks to the exchange rate.
I would like to get opinions on the dollar v euro medium to long term levels. This is a substantial return and although I knew the dollar was way too low v the Euro it was more by luck than design that I got in when I did.
What do readers think will be the end result of the relationship after all the market turmoil has abated?
Do we see a return to almost parity or otherwise?
Long time lurker first time poster.
I recently bought into a substantial investment that converted to dollars and now thanks to recent trends has risen 23% since July thanks to the exchange rate.
I would like to get opinions on the dollar v euro medium to long term levels. This is a substantial return and although I knew the dollar was way too low v the Euro it was more by luck than design that I got in when I did.
What do readers think will be the end result of the relationship after all the market turmoil has abated?
Do we see a return to almost parity or otherwise?