What would happen if EURUSD reaches 1.000?

Good day,

I'm new here. i cant post this question in the advanced forum as i'm a junior member here.

Anyone with economic and trading experience, please predict/explain what would occur if EURUSD reaches 1.000 in the next 3 years.

thanks

Everbody in the USA would be able to afford a new BMW, if Germany could afford to import the oil to make them.

Some of the Hedge Funds are making it a 'career bet' of their lifetime that E/U will be 1 if E/U does not solve its problems.

I feel 1 is extreme rate. 1.27-1.25-1.20 are my targets for E/U.

I would go ALL IN at this level. But this won't happen within 3 years.

Xaron, never say never.

The E/U droppexd 3500 points in 3 months from 7/2008 to 10/2008. why cant it go down 3500 pips in 3 years.

please discuss this effect

Did the dollar strengthen or the euro weaken? and to what extent? too hypothetical

the bad news was for US, money coming back to homeland caused USD to apprecite. another round of bad news may cause the EURO/USD to head south again. Is it? any takers?

Germany wants lower euro to boost their exports.

Germany will play a big diplomatic game with greece finally telling greece to lick their own wounds.

Strategic Democracy. Germans are smart people.

1=resistence

http://www.forexfactory.com/showthread.php?t=227326

What would happen?

I guess more Americans would think about spending their vacation in Europe.

I may be missing something here, but the eur /usd was 1.000 and lower, 0.8220,from 1999, until the start of 2003. (8220 was it's lowest point)

No you're not missing something.
Actually if find the question a bid strange too.
There is nothing special about a pair reaching parity.

Maybe the OP meant GBP/USD?

The Germans will take over Europe. No seriously... french people will begin to explode. Being at parity with an American is just... ugh..!

Like in the mid 80's? Basically nothing happens. Life goes on.

Didn't quite reach true parity. It only got to like 1.03 or 1.05 thereabouts. Even then there was rioting in some British cities. The eighties, wow what a decade.

Anyway, if GU ever hits real parity (or below), it'll be like 2012 all over again with cataclysm and blood in the streets and all kinds of horrible nasty stuff like that. Knickers the world over will get bunched into a monstrous huge wad.

This is the epitome of the 80s MAN!

“My name is Patrick Bateman. I’m 27 years old. I believe in taking care of myself and a balanced diet and rigorous exercise routine. In the morning if my face is a little puffy I’ll put on an ice pack while doing stomach crunches. I can do 1000 now. After I remove the ice pack I use a deep pore cleanser lotion. In the shower I use a water activated gel cleanser, then a honey almond body scrub, and on the face an exfoliating gel scrub. Then I apply an herb-mint facial mask which I leave on for 10 minutes while I prepare the rest of my routine. I always use an after shave lotion with little or no alcohol, because alcohol dries your face out and makes you look older. Then moisturizer, then an anti-aging eye balm followed by a final moisturizing protective lotion.”