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Barry-xlovecam · 11-02-2014, 08:07 PM

Not really, the US Dollar has spiked up:
http://quotes.ino.com/charting/index...=&a=&w=&v=dmax
The Euro economic zone has very little inflation (bordering deflation). Euro zone prices and buying power within the Euro zone of domestically produced products are about the same. Euro zone imports will be effected and Euro zone import costs will rise, probably returning inflation to the 2% levels that the ECB would prefer.

So, it isn't a crash but a correction -- the Euro being worth less than a dollar would be a crash.

The Russian Ruble is a better example of a crash: http://quotes.ino.com/charting/?s=CME_6R.X14.E

11-02-2014, 08:07 PM
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	Not really, the US Dollar has spiked up: http://quotes.ino.com/charting/index...=&a=&w=&v=dmax The Euro economic zone has very little inflation (bordering deflation). Euro zone prices and buying power within the Euro zone of domestically produced products are about the same. Euro zone imports will be effected and Euro zone import costs will rise, probably returning inflation to the 2% levels that the ECB would prefer. So, it isn't a crash but a correction -- the Euro being worth less than a dollar would be a crash. The Russian Ruble is a better example of a crash: http://quotes.ino.com/charting/?s=CME_6R.X14.E Last edited by Barry-xlovecam; 11-02-2014 at 08:09 PM..