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Guys, I am not sure if you remember 13 years ago with the first Iraq war:
DEM/USD = 1.42 (DEM = Deutsche Mark for the US folks)
DEM/EUR is fixed at 1.955
so, back then 1 EUR = 1.38 USD
Right now 1 EUR = 1.26 USD if I am not mistraken.
Given the political and the economic situation in the US, there is still plenty of room for the USD to go down. Not good for EU and Canada exports but much cheaper for tourists to USA :-)
Peace!
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