The most traded financial instrument in the world is yep the EUR/USD almost a $1 trillion a day. Anyway just wanted to show the daily long term chart of the Euro and it again made new records. Iniintay ko na lang na oil producers would say stop we don't want to be paid in USD anymore since its becoming worthless and worthless and would ask for Euro as payment. Also take note a lot of central banks have been buying Euros recently hmmm I guess they are starting to diversify their foreign reserves.... So if you're heavy in USD I encourage you to assess that position and think of switching to the Euro instead or some other currencies like AUD or CAD. The USD is going nowhere but down.

DISCLOSURE: I am long Euro and have been for a couple of years.