It has been since August that the 1.20 threshold was crossed. Now again it is looking more and more likely that the levee will break.
At the moment: 1.19267
Are we going to see 1.25 by the end of the year or will the Euro be closer to 1.15?
Will 1.20 become the new normal the next couple of years?
The Rise & Fall of the Euro
Moderators: Glenn E., Roy Hersh, Andy Velebil
Re: The Rise & Fall of the Euro
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
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Eric Menchen
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Re: The Rise & Fall of the Euro
Well, the US tax cut motivated me to check today. Things have been worsening over the past week for the US$, but it is still in the range it's been in for the past three months.
1.18794
1.18794
Re: The Rise & Fall of the Euro
Uh oh ... 1.19265. Just about guaranteed to break 1.20 now.
Glad I hedged a bit of loose change early in the year at 1.084, but should have doubled what I invested, but I am just not that smart.
Glad I hedged a bit of loose change early in the year at 1.084, but should have doubled what I invested, but I am just not that smart.
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
Re: The Rise & Fall of the Euro
1.20095
The dreaded day the music died.
The dreaded day the music died.
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
Re: The Rise & Fall of the Euro
1.220
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
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Eric Menchen
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Re: The Rise & Fall of the Euro
But the tax cutRoy Hersh wrote:1.220
![[dash1.gif]](./images/smilies/dash1.gif "Pointless"){kind=small}
Re: The Rise & Fall of the Euro
Yep!
1.22741 ... question being, which will be hit next 1.20 or 1.25?![[beg.gif]](./images/smilies/beg.gif "Praying")
1.22741 ... question being, which will be hit next 1.20 or 1.25?
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
Re: The Rise & Fall of the Euro
1.50Roy Hersh wrote:Yep!
1.22741 ... question being, which will be hit next 1.20 or 1.25?
![[d_training.gif]](./images/smilies/d_training.gif "In Training"){kind=small}
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Eric Menchen
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Re: The Rise & Fall of the Euro
I understand where you're coming from, but Europe will screw something up too, maybe Brexit, maybe a financial crisis in a country or two ...Thomas V wrote:1.50Roy Hersh wrote:Yep!
1.22741 ... question being, which will be hit next 1.20 or 1.25?
Re: The Rise & Fall of the Euro
1.25005 at the moment. ![[help.gif]](./images/smilies/help.gif "Help!")
Our "economy is in great shape" says our fearless leader. Really, so why is the US$ at the weakest it has been in 3 years???
Blame Obama. If that doesn't fly, then lock her up. Obviously joking and I'll never do it again!
![[foilhat.gif]](./images/smilies/foilhat.gif "DuckNcover")
Our "economy is in great shape" says our fearless leader. Really, so why is the US$ at the weakest it has been in 3 years???
Blame Obama. If that doesn't fly, then lock her up. Obviously joking and I'll never do it again!
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
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Eric Menchen
- Posts: 6660
- Joined: Wed Sep 24, 2008 9:48 pm
- Location: Longmont, Colorado, United States of America - USA
Re: The Rise & Fall of the Euro
Isn't this a deliberate strategy to strengthen American export. Lower USD equals more export?Roy Hersh wrote:1.25005 at the moment.
Our "economy is in great shape" says our fearless leader. Really, so why is the US$ at the weakest it has been in 3 years???
Blame Obama. If that doesn't fly, then lock her up. Obviously joking and I'll never do it again!
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Eric Menchen
- Posts: 6660
- Joined: Wed Sep 24, 2008 9:48 pm
- Location: Longmont, Colorado, United States of America - USA
Re: The Rise & Fall of the Euro
That depends on who you ask, and what day it is, and whether someone has been on Twitter lately, and ...Thomas V wrote:Isn't this a deliberate strategy to strengthen American export. Lower USD equals more export?
Re: The Rise & Fall of the Euro
1.20906 ... let's hope this slow decrease in the Euro, continues to trend even lower.
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
Re: The Rise & Fall of the Euro
Anybody have "guesses" as to which direction the Euro is headed?
Nice to see it hanging below 1.20 for the first time in months!
Nice to see it hanging below 1.20 for the first time in months!
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
Re: The Rise & Fall of the Euro
1.18137 ... yes!
![[notworthy.gif]](./images/smilies/notworthy.gif "NotWorthy")
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
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Eric Menchen
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Andy Velebil
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Re: The Rise & Fall of the Euro
Seems Italy's issues are helping the matter.Roy Hersh wrote:1.18137 ... yes!
Andy Velebil Good wine is a good familiar creature if it be well used. William Shakespeare http://www.fortheloveofport.com
Re: The Rise & Fall of the Euro
In the nick of time ... 1.15642 at the moment. Love the decline at this precise time. Keep it up!!! 
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
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Eric Menchen
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- Joined: Wed Sep 24, 2008 9:48 pm
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Re: The Rise & Fall of the Euro
You can thank Italy.