Euro stability...?

Question

To all you financial experts out there.
How long would you say the Euro will stay at its present price compared to the US Dollar; and would you say it's likely to go up or down in the coming months or years?
In other words, would you advise investers keeping it; selling it, or buying it?

Answer 1

If you are doing a buy euro and sell dollar spread, it will do well for several weeks or months. Eventually, however, the reality that the financial strengths of the US and in similar fundamentals weaker in the EU will show themselves and the situation will reverse, but that will be months away. So, for now long on the euro and short on the dollar.