This video should send some shockwaves to the US economy. Stick through the entire video to hear the prediction of the Euro potentially surpassing $2 US.  In addition, the technician forecasts the Pound to fall.  If this turns out to be true, the Euro will easily overtake the Pound.  If oil remains traded in US dollars, it will create additional ( Read more... )

The Dow Jones News Wires had a very interesting piece speculating on how high the euro may appreciate by the end of the year. This portion really sticks out from the article:

"I don't usually use this word but $2.00 per euro is impossible. That would mean a 40% increase in 7 months and that's unheard of," said Ashraf Laidi, chief foreign exchange ( Read more... )

This article clearly captures the difficulties Americans are having living abroad. As hard as it may be for many of us to travel overseas, the high prices as temporary since we will be heading back home. However, for those who live overseas, it's probably time to ask for a salary in Euros. I especially love this part:

Every euro now costs nearly $1 ( Read more... )