Euro = Dollar for the first time in 20 years

The effect of war is affecting europe big time. Almost putting them in a potentially catastrophic position.

Euro is at parity with dollar for the first time since 2003.

Will it end here ? It’s tough to say unless something drastic happens on the war front and russia agrees to supply gas and oil to europe.

Some observations

  • Companies with huge exposure to europe needs to be kept on radar.

  • Excess dollar value may lead to bankruptcy of many developing poor economies

  • how long can even US allies sustain this needs to be seen.

  • After all this and multi decade inflation highs, rates in Europe are at zero. What happens once rate hikes happen or will the devaluation of currency continue

  • In all this chaos, countries like India and China are getting stronger and stronger.

What are your views on europe going forward?