USA performed better than the Euro Zone during 2015. First three quarters show a total growth of 2.1% as against 1/6% in the Euro Zone. USA contemplates raising interest rates (very gradually I expect) and paying of debt in 2016, while Euro Zone intends to continue zero interest and QE . Do these differences justify the fall of 25% in value of the Euro against the US Dollar since Apr 2014? Not at all! A rebound in the EUR/USD is pretty well due and should commence any day now. My long term prediction is for EUR/USD to hit $1.2 by next July and 1.25 by end of 2016.