Hi Spike,
nice to see you here -
Perhaps, however I doubt that Z would be involved in these markets at this point in time.
When the ECFX began in 1998 I show the EC / DX relationship as:
EC 112.00 to the DX 100.00
The chart below is set to represent those values (close, not exact)
and suggests the currencies have been range bound for the
past several years .. fwiw, I do not see this changing very much in the near term.
have a good one,
- r