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(Bloomberg)   Euro falls to the dollar because....well...we're not European for one thing   (bloomberg.com) divider line 16
    More: Interesting, Europe, Pacific Investment Management Co., Kuroda, Dublin, bond fund, Politics of Italy, Bank of Japan, chiefs  
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1686 clicks; posted to Business » on 12 Apr 2013 at 10:51 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



16 Comments   (+0 »)
   
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2013-04-12 10:13:00 AM  
huge gain... huge gain... highest ever... huge gain... tiny little dip...

AHA! EURO FALLS!
 
2013-04-12 10:58:09 AM  
This is Obama's Trafalgar.
 
2013-04-12 11:32:48 AM  
Over the past 10 years, the Euro/USD ratio has bounced between 1.2 and 1.6 (roughly).

It's at 1.3.
 
2013-04-12 11:40:13 AM  

Brontes: This is Obama's Trafalgar.


Wait, is he Nelson or the French?
 
2013-04-12 11:42:04 AM  
So, right now they are leading in the race to the bottom, but I think we can catch them on the home stretch.
 
2013-04-12 11:48:57 AM  

impaler: Over the past 10 years, the Euro/USD ratio has bounced between 1.2 and 1.6 (roughly).

It's at 1.3.


That's like, your opinion man...
  Seriously though, I think austerity is bunk and people can't live on belt tightening.  Euro is headed further down.
 
2013-04-12 11:51:21 AM  
yeah, tie the currency to the nation with the worst economy and pray Germany continues to bail it out.

/like tying the dollar to Mississippi.
 
2013-04-12 11:57:14 AM  
For the past few years EUR's been pretty steady at 1.30-1.35 USD per.

Fluctuations within that range don't really matter unless you're doing a get-rich-quick scheme based on converting funds between currencies at just the right time.
 
2013-04-12 02:13:05 PM  
I hope the pound falls as well, headed to England in August and I'd like to be as close to parity as possible.
 
2013-04-12 02:52:21 PM  

Girion47: I hope the pound falls as well, headed to England in August and I'd like to be as close to parity as possible.


So you hope Britain starts to collapse in on itself by August?

Parity with the dollar will mean that every person and every company that has their savings in the Pound would lose 40% of their wealth in 4 months.
 
2013-04-12 03:10:07 PM  

Lunchlady: Girion47: I hope the pound falls as well, headed to England in August and I'd like to be as close to parity as possible.

So you hope Britain starts to collapse in on itself by August?

Parity with the dollar will mean that every person and every company that has their savings in the Pound would lose 40% of their wealth in 4 months.


and my money will gain in value.
 
2013-04-12 09:06:06 PM  
"The dollar declined 0.9 percent this week against Europe's shared currency. "

That's like the opposite of the headline. Also, the Euro isn't Europes shared currency, it's not even the EUs shared currency.

---

I dunno what Americans are, you don't even have your own language. What are you really?
 
2013-04-13 12:28:21 AM  

spawn73: "The dollar declined 0.9 percent this week against Europe's shared currency. "

That's like the opposite of the headline. Also, the Euro isn't Europes shared currency, it's not even the EUs shared currency.

---

I dunno what Americans are, you don't even have your own language. What are you really?


your so edgy
 
2013-04-13 06:44:36 AM  

Girion47: Lunchlady: Girion47: I hope the pound falls as well, headed to England in August and I'd like to be as close to parity as possible.

So you hope Britain starts to collapse in on itself by August?

Parity with the dollar will mean that every person and every company that has their savings in the Pound would lose 40% of their wealth in 4 months.

and my money will gain in value.


and you will have to dodge strikes and riots because if the pound tanks that hard the country is going to get all 1970's again.
 
2013-04-13 08:06:29 AM  
As a US citizen working in the EU - I get pain in Euros and am constantly sending it back to my US bank account.  I follow the exchange rate fairly excessively given how little money I actually have (and how long it takes for me to actually execute my trades).

I'm convinced the news reports about the Euro failing or falling are simply used as filler on slow news days.  Mainstream media will ignore a large drop in the Euro, only to report that the Euro is falling and doomed weeks later after a smaller drop.  Sometimes I'll read articles about how the Euro is rebounding, but the actual rate shows now evidence of this.  It's really like they just write whatever the heck they want.
 
2013-04-13 12:26:36 PM  

Norfolking Chance: Girion47: Lunchlady: Girion47: I hope the pound falls as well, headed to England in August and I'd like to be as close to parity as possible.

So you hope Britain starts to collapse in on itself by August?

Parity with the dollar will mean that every person and every company that has their savings in the Pound would lose 40% of their wealth in 4 months.

and my money will gain in value.

and you will have to dodge strikes and riots because if the pound tanks that hard the country is going to get all 1970's again.


and then the pubs will open and you all will go get pissed and forget about it.
 
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