THE EURO FREE FALL AGAINST THE U.S. DOLLAR

In six months, Goldman Sachs thinks the Euro will reach parity with the U.S Dollar. The Euro has fallen considerably over the last year and is currently at around 1.06 to the Dollar. The Euro hasn't been at parity with the dollar since late 2002. Indeed, the Euro has fallen 24 percent against the Dollar in less than a year,

It is possible Euro trading will be below equal value to the dollar in a year, but over the next couple years Goldman Sachs expects the Euro to fall to record lows against the Dollar.