The dollar never reaches parity simply because it is not allowed. Interest rate raise (or rumors about it) is one mechanism to make sure that doesn't happen. Last time it climbed up to .96 only to go back down slightly again next day as rumors the federal bank would step in started. It is way too important to our exporters to be allowed beyond that mark. I do however hope the economists will be caught with their pants down so I can go some way through my R/C shopping list. (Actually the british pound seemed to be a more likely victim at some point.) Christmas is coming (hopefully).

PS. It is actually going down already.