DislikedJust little information for you. Europen bank would not allow EU blow up above 1.6 BECAUSE if EU blow up above 1.6, european product will become more expensive then US product. When their product become more expensive...who want to buy??? and if their business turn down ...the second impact is the bank who give the soft loan, major loan to the manufacturer, business man and traders.
Just info not reco.
But anything can happen.Ignored
but looking from the EU perspestive (Poland - newbee in EU) I can notice that everyday more people are buying US products or products from US.
Look at the cars for instance, the TOYOTA dealers have cut the prices by 15% last week here in Poland.
Look at the real estate - selling a 80 sqm flat in Cracow (southern Poland) one can aford to buy a house in US.
Electronics are much cheaper than in EU.
Last data on trade balance show that US becomes a very interesting market. It of course needs time and this will not be next week, but so strong euro will improove US economy.
Polish currency (zloty) last week - for the first time in history - had been exchanged at one of polish airports for tourists for more than 50 cents.
Poland is rather a small market, rather new on the EU stage.
But if the things continue like this the production of anything here will be much more expensive than in the US.
Good luck everybody!
-from Cracow (Poland).
(As a newbee - I know that I should not, but I am short)
Jesus Christ is my only Lord !