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Parity?

  • #1
  • First Post: Jan 22, 2009 6:11pm Jan 22, 2009 6:11pm
Call me crazy, but i had a dream.
Would be interested on others thoughts about this and for the smarter ones to comment on whether it was possible.
USD / YEN / EURO / CHF / GBP all getting to parity at the sametime & ZERO interest rates .
  • #2
  • Jan 22, 2009 6:17pm Jan 22, 2009 6:17pm
Quoting leknam
Call me crazy, but i had a dream.
Would be interested on others thoughts about this and for the smarter ones to comment on whether it was possible.
USD / YEN / EURO / CHF / GBP all getting to parity at the sametime & ZERO interest rates .
Feasible? Yes.
Realistic? I don't think so.
Only a "Greater Entity" could affect that much pacifism between such global front runners.
  • #3
  • Jan 22, 2009 10:51pm Jan 22, 2009 10:51pm
Quoting leknam
Call me crazy, but i had a dream.
Would be interested on others thoughts about this and for the smarter ones to comment on whether it was possible.
USD / YEN / EURO / CHF / GBP all getting to parity at the sametime & ZERO interest rates .

Actually for parity USD/JPY would have to drop all the way down to 1.00.

Don't think it is in the cards.
  • #4
  • Last Post: Jan 26, 2009 11:18am Jan 26, 2009 11:18am
Quoting SmoothTrader
Actually for parity USD/JPY would have to drop all the way down to 1.00.

Don't think it is in the cards.

that is entirely possible. all they would have to do is raise their interest rates a bunch of points and then wait for a bit and it could happen.
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