What To Expect For Euro Now?
 

Now the ECB is going to do some QE but the US doesn't look likely to raise rates perhaps for up to 6 months and there's some doubt as to whether they will raise rates at all.

So I'm thinking the Dollar comes down from the highs (somewhat) and the Euro weakens a little but less than the Dollar, since the Dollar is around the highs and the Euro lower. So my guess, parity is off the table for now.

Maybe we see 1.22 usd = 1 euro by year end if US data remains weak or gets a bit weaker?

Hopefully not

I love as it is.

Why?

If anything the euro may trade in the $1.05 to $1.15 range for a year's time perhaps. I see the euro getting hammered lower if energy, gas and oil prices, increase. The EU is more dependent on imported oil and the geo politics of world oil :2 cents:

Well my thesis is that the pendulum is now swinging in the other direction. If rate hikes are off the table until march (hike expectations were the reason for dollar strength), we have scope for enough dollar weakness that the euro can recover a bit.

In Europe we have twice the unemployement and half of the US growth. The $ will get stronger in time.

It seems to be stabilizing.

I can't see it going much lower. Been pretty flat for months now.

Sure that's because it wasn't as much a weak Euro story as it was a strong dollar story. That dollar strength was on expectations of a rate hike which now have been pushed back (in most analyst views) out until March 2016 earliest. Also, although US growth is better than elsewhere more weakness is now likely to show up in Q3.

We're also seeing dollar pull back significantly so I expect it will continue into next year.

1 eur = 1.0872 usd

Would like to see the Euro hit 1.01 or so for a few weeks so I can wire more to my account there. The slide back up in the next 6 to 8 months.

Sure thing. Mine was a bad call but it was based on the fed guidance withdrawing from possibility of a rate hike this year and that scenario is now changed.

I'm now expecting further USD strength as the Fed has raised the possibility of a rate hike in December. I don't know if we will see any dollar weakness until the Fed finally decides not to raise rates at all, if that happens.

Euro Heading For Parity With Dollar By Year End: Goldman Sachs Report

November 26 2015 7:20 PM EST

Well EUR/USD has already touched 1.05 so that's the easiest call to make. At this rate, it could even happen before the next rate decision on expectations which is December and even if rates don't go up. If they do, we might be moving towards 120 on USDX.

It'll fall apart after a few more attacks.

They were wrong. Well it looks very much likely that further rate hikes this year are going to be OFF the table...... and if it does happen, it will be one hike of 0.25% at best. It looks more likely that they will reverse course and cut rates by year end.

So parity is also off the table for 2016 at least. The FED is starting to hint about negative interest rates too:

Fischer: Negative Rates Are Working More Than I Expected - Bloomberg Business