MPEL is forced up as the US$ devaluates, just like food prices rising at the grocery store. Takes more money to buy the same items. Takes almost $1.40 now to buy one Euro….proof confidence in US$ is declining by arbitrage traders. To make money, the price of MPEL has to rise faster than devaluation. Last few months the US$ has devalued 5.3% against the Euro. Don’t understand this? Put me on ignore.
I am not an expert but what has the Euro got to do with Macau. The Macau casino transacts in HKD which is pegged against the US dollar it has moved less than .5% over the last several months same as the MOP.