Crash Coming in Michael Robinson's Tech Investor's Forecast has just been released, giving you the strategies, tactics and 7 stock picks that'll ensure you cash in on the greatest commercialization era Silicon Valley has ever seen. Get details on your free copy here. The technical analysis suggests that the euro is on a definite bearish path, where few bulls dare to tread. Indeed, the euro could not only reach parity with the dollar, but it could also drop even lower before the start of Because the European Central Bank ECB has hinted that it would adopt new measures extending its expansionary monetary policy, rather awkwardly known as quantitative easing QE.

The goal is to lift inflation to two percent over the medium-term to boost higher economic growth in the eurozone. The new generation of traders and financial analysts has never actually dealt with such a move and the novelty could carry significant shock value. This could potentially push the dollar to parity and beyond before year-end, which is sooner than the previous expectations predicting parity by the first quarter of When the attacks against the Twin Towers in New York and the Pentagon in Washington DC came, they prompted the U.

By July 15,after 29 months, the euro fell back to parity with the dollar. The euro achieved historical peaks against the greenback in July That month, the Fed cut rates to defibrillate the U. Then-ECB governor Trichet was rather happy to allow rates to go up.

Now, the opposite effect is happening. The Fed is itching to raise rates, while the ECB is giving the impression it may be willing to go into negative rates, if only the move could ensure a higher inflation rate. Moreover, the ECB hopes that the super-low euro will help stimulate the puny European continental growth by way of exports. Day by day, parity is getting closer at the relative speed of a French bullet train.

Conservative analysts are predicting parity to be achieved in the second quarter of The ECB does have some data to support optimism. As for the Fed, the U. The dollar could gain proportionately more strength compared to the euro, even with a minimal Fed rate hike, because such a decision will be such a shock to the system, given its tortured gestation, that it will have an echo effect.

In other words, the dollar will pull above its real weight. Some analysts predict a 0. However, the markets will also feel the effects of the bombing attacks of November 13 in Paris, though not all are bearish on the EUR to USD exchange rate. Stephen Diggle, a noted hedge fund manager, is bearish on the prospects of a dollar-euro exchange parity.

In fact, Diggle believes that while the euro has plenty of more room to fall, the U. With all due respect to Stephen Diggle, the U. The potential layoffs and asset selloff could weaken VW substantially and take Germany with it.

In a slightly less bullish tone, where the EUR to USD exchange rate is concerned, Kelvin Tay, regional head of investments at UBS in Singapore, concedes that parity between the euro and the dollar is possible and that the Fed will cut interest rates in December, noting that this would not last very long.

The changes are especially difficult to don godwin stockbroker in the short-term, as the situation remains fluid. What is clear is that trade patterns could change, including the application of sanctions, namely those against Russia. The European economy will certainly move toward restoring strength across Europe, because the EU as a whole has been suffering.

The early market reactions have gone in favor of avoiding panic in European financial markets at both the Paris Stock Exchange and other major financial capitals. Of course, transportation, particularly airline and luxury good stocks, could be affected the most by the potential reduction of tourism due to fear following the recent terrorist events.

However, the overall index performance was stirred but not shaken, as one fictional government agent James Bond might put it. In fact, the stock exchanges in the U. The attacks in France occurred while the markets were closed, at the start of the weekend, giving investors at least 48 hours to digest the news and contemplate whether the economy would be affected, let alone the EUR to USD exchange rate. Meanwhile, the seven coordinated terrorist attacks in Paris on November 13 can feed off the risk appetite, or risk aversion, in the markets over the short-term, according to JPMorgan and Credit Suisse.

The latter points out that this negative occurrence could spur the European Central Bank market edge bullish average moving stock opinion announce a strengthening of the quantitative easing that was launched in March fnb currency rates early as December 3, when it meets next.

Now, the markets are expecting something more from the ECB: Nevertheless, such attacks have often produced rallies only exchange rate dollar euro october 2016 be followed by fresh indicators for binary options trading greater selloffs.

Of course, there are also the contradictions that confirm the rule. After an initial bearish reaction, the Bolsa de Exchange rate dollar euro october 2016, the Madrid stock exchange, rose after the bombings of three trains in the city that killed people in Likewise, the London Stock Exchange was in steady recovery mode a week after the July bus and subway attacks.

How will QE2 alter the euro to dollar forecast? For many years, monetary policy has been dominated by quantitative easing, but its beneficiary effects have actually been rather lame. Everywhere, inflation figures are lower than the wishes and expectations of central banks, which defies the theory driving the low-interest-rate policy in the first place.

Euro to US Dollar Exchange rate history: 31 October (31/10/)

The numbers speak loudly; with or without QE, according to OECD data, no advanced country has an inflation rate higher than two percent, that is, apart from Iceland. Not so long ago, inflation was the enemy; now it is the desired symptom, demonstrating robust economic growth.

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Euro to US Dollar Exchange rate history: 10 October (10/10/)

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