Date:         Wed, 11 Mar 2015 17:43:21 -0700
Reply-To:     Stuart MacMillan <stuartmacm@GMAIL.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Stuart MacMillan <stuartmacm@GMAIL.COM>
Subject:      Re: Parts From Europe Getting Cheaper?
Comments: To: Loren Busch <starwagen@GMAIL.COM>
In-Reply-To:  <CAH32RNZs6L__ZrWgz4y0PC97Yohj_PVxfxo4g+nZp_3XFqqE=g@mail.gmail.com>
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It will be at par soon, and some economists predict it will go below the dollar. From Financial Times this week:

"However, in the last few days, some of them have been revising their forecasts. Deutsche Bank, which has warned about the pace of capital outflows from Europe, predicted on Tuesday that the euro would not only hit parity by the end of this year but continue falling, to $0.90 by 2016 and $0.85 by 2017.

Elsa Lignos, senior currency strategist at RBC Capital Markets, forecast that the euro would reach $1.05, but added: “The closer we get to that level the louder the calls will grow for parity."

Full article: http://www.ft.com/cms/s/0/1a923c4c-c727-11e4-9e34-00144feab7de.html#ixzz3U7y0RsCv 

Maybe now VW or Fiat or somebody will bring a small van camper to the US.

Stuart

-----Original Message-----
From: Vanagon Mailing List [mailto:vanagon@gerry.vanagon.com] On Behalf Of Loren Busch
Sent: Wednesday, March 11, 2015 11:20 AM
To: vanagon@GERRY.VANAGON.COM
Subject: Parts From Europe Getting Cheaper?

I hope out parts suppliers/vendors are writing a lot of orders with their German suppliers, the Euro is almost at par with the US dollar!  $1.05 to the Euro today!