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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.02+0.1%Dec 19 4:00 PM EST
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To: Haim R. Branisteanu who wrote (129823)2/5/2017 2:04:32 PM
From: Elroy Jetson  Read Replies (1) of 218649
 
That chart would place fair-value for the Euro at $1.28 which would be a little high in my estimation.

The Euro is certainly a bargain at $1.08 as rising interest rates in the US have driven up the value of the Dollar. I think there's also undue pessimism currently over Europe's future, which is placing downward pressure on the value of the Euro and the Pound.
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