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Are you an expat? If yes, let it run as you might go back at one point in the future. Otherwise suggest to hedge the currency by buying call options on the Euro, out 12 months. With the 12 months you can sell them if the Euro starts to turn. Every broker in the UK will buy those currency options. They are traded on the CME and other stock exchanges in the US. There are also currency warrants available in Europe, issued by European banks with long maturities and strike prices. However, trading is expensive.

The dollar has fallen on several occasion over the past 30 years and will do so again. There will be interventions at one point in the future in Europe as it is difficult to keep economic growth below 1.5 % p.a. for a very long time.

I do not quite know where the hyper inflation should come from. The only reason I could see if oil goes to 100%. Oil has doubled in price in 2004 and still inflation is kept under control.

I suggest you relax and look at the performance of your investment in the currency they are. If you translate it all the time you drive yourself cracy.
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