RE: The EURO is Tanking
Well,what can I say ? The Euro has fallen back to $1.25. Why did I use the word “back” ?
Well because when the Euro was first introduced it was pegged at $1.25/Euro. It is only returning to its original value at the time of its birth.
This is not to say the USD is strong. That is why a good measure of a currency’s strength is its value relative to Gold (or Silver ).