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  1. 07-07-2022, 10:47 AM #1
    TampaJim
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    Really, really close ...

    EUR/USD ... once we have parity, jump on it.
    USD isn't going to maintain the highs against it.
    And, diversification this cheap ... very rarely.
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  2. boneil
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    #2 07-07-2022, 11:13 AM
    Why? and how to play it?

    I don't follow currencies, but looking at a long term chart, 2000,2001,2002, we could go much farther, no?

    Correct me if I'm wrong, cause I don't know what I'm talking about. But, if the Fed has more tightening to do than the EU, = dollar stronger and if I believe Europe goes into a significant recession this winter=EUR weakening, couldn't we go past parity in a meaningful way?
    Thanos was the hero
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  3. TampaJim
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    #3 07-07-2022, 12:10 PM
    It's not a five minute buy. Historically, the euro has been stronger, like the pound, Swiss franc, etc.
    And, alternatively, the Canadian, Australian and New Zealand dollars weaker. It's diversification too.
    We're mostly in USD, both the US and Panama utilize it. It's one of our currency moves upcoming.
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