Disliked{quote} Last time parity held, now tons of stops sit below parity… Think it go way below parity this time. 95 cents or so.Ignored
Btw... I had a chat a few days ago with one of my best friends (since decades) who is overseas in the process machinery sector told me that a number of his clients cancelled their factory expansion. Some even told him that they are planing to temporarily cease operation because.... they cannot get some of their critical raw materials.
Let that sink in... and that in GERMANY! I have not heard such things since the 90th.
Of course that does not say anything about the daily EUR move... but it might give a hint about the general medium/long term trajectory.
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