What would happen if EURO reaches 1.0000?

Mar 27, 2010 at 19:43
1,448 Views
9 Replies
Member Since Nov 21, 2009   11 posts
Mar 27, 2010 at 19:43
Can anyone enlighten me on this senario. thanks
GJim
forex_trader_7780
Member Since Feb 25, 2010   14 posts
Mar 27, 2010 at 20:55
For almost all the period from Jan 2000 through Nov 2002, EUR was below 1.0000 - Currency trading continued, world did not end.

G'Jim c):{-
Member Since Nov 21, 2009   11 posts
Mar 29, 2010 at 17:53
thanks, that means it's a possibility and nothing sognioficant would happen to the world.
Member Since Sep 04, 2009   879 posts
Apr 01, 2010 at 11:14
Member Since Oct 22, 2009   33 posts
Apr 28, 2010 at 18:34
nothing would 'happen' - when the Euro was originally priced they intended to have a 1:1 ratio with the US Dollar.
Member Since Dec 31, 2009   141 posts
May 17, 2010 at 22:47
It would be worth $1 USD?

Is this a trick question...?
Gear on the left...
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
May 18, 2010 at 03:22
Same thing that happened when USDCAD hit 1, it bounced....for now at least.
DarkProdigy
forex_trader_11878
Member Since May 18, 2010   45 posts
May 18, 2010 at 05:51
It means im going to Paris on vacation (And buy a whole bunch of stuff to sell on eBay). Sadly, the last time I went, the rate was about 1.42.
4xis2ez
forex_trader_12025
Member Since May 20, 2010   23 posts
May 23, 2010 at 00:49

fx_midaso posted:
    Can anyone enlighten me on this senario. thanks

Same as when matter mets antimatter. They both cancel each other out and cease to exist. If euro reaches 1.0000, then the euro and dollar will cease to exist and Americans and Europeans would have to move to Russia. haha.
Member Since May 30, 2010   64 posts
May 31, 2010 at 00:16 (edited May 31, 2010 at 00:17)
4xis2ez posted:
    
fx_midaso posted:
    Can anyone enlighten me on this senario. thanks

Same as when matter mets antimatter. They both cancel each other out and cease to exist. If euro reaches 1.0000, then the euro and dollar will cease to exist and Americans and Europeans would have to move to Russia. haha.

well, according to a 'few' years of data collected by a collider, matter actually wins by 1%. hence the universe is constantly expanding.
A person is only limited by the thoughts he chooses.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.