it would seem so because Rothschild is betting 200 million dollars that it will, and I just found this news article.
Euro Unchanged as Market Digests German Data
The euro was little changed against the dollar on Monday after a bigger-than-expected drop in German business sentiment even as it raised hopes the euro zone's largest economy will do more to revive the bloc's growth.
Sentiment toward the euro remained uncertain as markets awaited a series of key events next month, including the European Central Bank's (learn more) policy meeting on Sept. 6, followed by the German Constitutional Court's ruling on the euro zone's permanent bailout fund on Sept. 12.
German business sentiment dropped for a fourth straight month in August to reach its lowest since March 2010, the Munich-based Ifo think tank said, with the business climate hit by increasing worries about the future level of exports.
"The news clearly shows that Germany cannot escape unharmed if the rest of the euro zone falls into a deep recession," said Boris Schlossberg, managing director of FX Strategy at BK Asset Management in New York. "Therefore policymakers may now temper their insistence on austerity and instead will pursue more stimulative policies in order to revive growth."
The euro [EUR= 1.2477 
-0.0022 (-0.18%) 
] hit a session high of $1.2535 on Reuters data after the Ifo survey was released, and was last little changed at $1.25. It stayed well below a peak of $1.2589 set last Thursday, its highest since July 4. Traders cited strong offers above $1.2580 and option barriers at $1.2600. Support lies around $1.2500.
Volume was thin with London shut for a holiday. Further gains in the euro are likely before U.S. Federal Reserve (learn more) Chairman Ben Bernanke speaks at a central bankers' gathering in Jackson Hole, Wyoming, on Friday amid expectations of another round of monetary easing from the U.S. central bank to stimulate sluggish growth.
Chicago Federal Reserve President Charles Evans said the Fed should immediately launch a fresh round of monetary stimulus and buy bonds for as long as it takes to produce a steady decline in the jobless rate.
The euro climbed 1.4 percent last week on optimism the ECB will soon start buying Spanish and Italian bonds to bring down borrowing costs in troubled euro zone economies. Investors had been waiting for a speech by German ECB Executive Board member Joerg Asmussen who said last week a Greek exit from the euro zone was manageable but not preferable.
But his comments on Monday did little to move investors one way or another, analysts said. In remarks aimed at assuaging the angst of Germany's Bundesbank, Asmussen said the European Central Bank will tailor its new bond-buying plan to dispel any concerns that it funds governments. He did not say when the bank would begin buying but made clear the plan would go ahead despite Bundesbank opposition.
Underscoring challenges to a quick solution to the debt crisis, Germany's Bundesbank has likened the ECB's bond-buying plan to a dangerous drug and a conservative ally of the German leader said Greece should leave the currency bloc by next year.
"There's a lot of event risk, and I think this event risk will keep the euro capped," said Mitul Kotecha, head of global foreign exchange strategy for Credit Agricole in Hong Kong. He predicted the euro "will struggle to get above $1.26 this week".
Against the yen, the euro rose slightly at 98.44 yen [EURJPY= 98.05 -0.36 (-0.37%) ]. The dollar was up 0.1 percent at 78.76 yen [JPY= 78.59 -0.13 (-0.17%) ]. The Australian dollar skidded to a one-month low and looked vulnerable to further losses on fresh concerns about China's economy. The Aussie is often used to express views on the world's second-largest economy. The Aussie dollar [AUD= 1.0348 -0.0021 (-0.2%) ] was last down 0.2 percent at $1.0374
Replies
You can be quite sure that all currencies will collapse as long as it's legal for banks to lend out 1000 dollars for every 100 they receive.
Every time a new bank is started, the money on the market increase about 10 times to the ammount of money that are actually present. That creates an electronic bubble where you have funds but no matter to put'em in, and.. After a while those balloons always pop.. It's in line with the laws of physics.
So, to your question "Is the euro going to collapse?"
the answer would be an immediate and definite: "Of Course!"
how could he predict such nonsense because it was deliberately calculated to collapse as the war was about being for the financial crisis.
When the war was perpetrated by the cabal with the iraq war it was instigated to happen so that when there is turmoil, and when it does happen they wanted us to turn to them for adise how to turn the economy back to normal stasis again but with a clause totally rewrite the new financial system in away to give away your powers of freedom to allow them to get you to rely on there expertise and advice but the overall solution is to walk away from money and or credit and work for free in the society you live in and do away with government organization for all time sakes.
that way they know we did not need them to help ourselves out of pretend debt cycles.
We are the bosses not them so why would we give the rest of our limited powers away over to them.
If we work for free for a free society them it is only right then we should receive everything for free and for this to take place use a clock card and only work 6hrs aday and see what will happen.
It is already going to go that way as it is forseen but not as soon as we would like it to be but it will happen as it is written.
If you want special treatment then all you have to do is love a new trade by studying for free and you will get what you want otherwise the days of selfishly obtaining wealth power and status will no longer be the gender of the day but by the actions of your thoughts will prove to the poeople how more deserving you will be according to the deeds you will be representing to the public.
http://www.illuminatiorder.info/ac/thaumaturgy/index.html
The corporate and political elite are crashing the current economic structure to install a potentially more enslaving debt system within a global framework. The next system will work even less well, and give them more of the power they want.
Is the 'microchipping' in place?
Who knows what they have up their sleeve in order to gain power over humans and herd them up like cattle.
They want every bit of power and control they can get! And it looks like humans (and all of us) have given most of it away. Too tired to think for ourselves.
https://www.youtube.com/watch?v=Pn-CfTPFI5E
With the court set to rule on Sept. 12, investors looking for Draghi to announce a definitive purchase program at his Sept. 6 press conference might be disappointed, according to the officials, who spoke on condition of anonymity because the deliberations are not public. The program is still being worked on and staff may not be able to finalize it by then, said the officials, who are familiar with thinking on the ECB Governing Council. An ECB spokesman in Frankfurt declined to comment.
Draghi announced on Aug. 2 that the ECB may intervene in the secondary market to reduce bond yields in countries such as Spain and Italy if they apply to Europe’s bailout fund for aid and accept the conditions attached. The European Stability Mechanism, intended to replace the temporary European Financial Stability Facility, hasn’t entered into force yet as legal wrangling over its compatibility with the German constitution continues.
Timing Issues
While Draghi is likely to give a progress report on the bond plan after the Sept. 6 rate decision, the ultimate design of the ECB’s program may depend on the uncertainty over the permanent bailout fund being resolved, so the officials said it makes sense to wait for the German ESM court ruling.
Full details of the ECB’s plan could be a month away, they said. While the Bundesbank opposes ECB bond purchases, it expects to be outvoted, one of the officials said.
German 10-year bund yields reached a three-week low and Spanish and Italian two-year yields rose after the story was published. The euro extended its decline, snapping four days of gains to trade at $1.2510 at 4 p.m. in Frankfurt, down 0.4 percent today.
“It’s becoming clearer by the day that a number of legal and political pieces need to fall into place before the ECB decides to participate in any bond-buying program,” said Nicholas Spiro, managing director of Spiro Sovereign Strategy Ltd. in London. “While Mr Draghi clearly raised expectations, he has been at pains to point out the conditions that need to be satisfied before any intervention occurs.”
‘Coming Weeks’
Draghi said on Aug. 2 that ECB working groups would design a bond purchase program “over the coming weeks,” fueling speculation that he would unveil the plan after the bank’s next policy meeting.
Bond markets rallied after Der Spiegel magazine reported on Aug. 19 that the ECB would decide at its September policy meeting whether to impose a cap on borrowing costs for countries including Italy and Spain.
The ECB took the unusual step of responding to that article, saying in a statement that the Governing Council hadn’t discussed the plan and it was “absolutely misleading to report on decisions which have not yet been taken.”
Germany’s Constitutional Court is deciding whether to suspend the 500 billion-euro ($627 billion) ESM following lawsuits by German lawmakers, academics and political groups who say the fund contravenes domestic law. If the start of the ESM is delayed further, crisis managers would have to get by with the 240 billion euros left in the temporary EFSF.
German Finance Minister Wolfgang Schaeuble warned on July 10 that a delay in activating the ESM could lead to a“significant worsening of the debt crisis.”
Draghi’s bond-buying plan hinges on the government-backed bailout funds acting first, which would require countries to make a formal request for aid and to sign up to conditions in a Memorandum of Understanding. Neither Spain nor Italy has made such a request