The Rise & Fall of the Euro
Moderators: Glenn E., Roy Hersh, Andy Velebil
Re: The Rise & Fall of the Euro
1.14271 ... loving this slow slide back into advantageous territory!
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
After a 2 month rise, then a quick turnaround again to 1.14131
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
1.13701
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
1.14554
The Euro has been in a narrow bandwidth for over 2 months now. Not crossing the 1.13 - 1.15 boundaries in that time frame, through some dynamics that I thought would show some movement; ie. the dramatic stockmarket downturn in December.
The Euro has been in a narrow bandwidth for over 2 months now. Not crossing the 1.13 - 1.15 boundaries in that time frame, through some dynamics that I thought would show some movement; ie. the dramatic stockmarket downturn in December.
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
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Re: The Rise & Fall of the Euro
There were downturns at the beginning of the year, downturn in December ... but then there is Brexit overhanging the European market, and protests in France ... This is not a competition of who is doing better, but who is going to screw things up more. And of course the US market downturn is tied to trade, which won't help anyone too much.Roy Hersh wrote:... I thought would show some movement; ie. the dramatic stockmarket downturn in December.
Re: The Rise & Fall of the Euro
While nearly at 1.15 there was a pretty significant drop off today and I am not really sure why: 1.12782
Let's hope this is a new 2019 trend!
Let's hope this is a new 2019 trend!
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
A month later and a new low for 2019: 1.12342
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
The range has narrowed all last week between 1.12059 and 1.12605. It is very rare to see an entire week go by with so little movement.
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
- David Spriggs
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Re: The Rise & Fall of the Euro
I think that everyone is waiting to see what happens with Brexit and also some suggestion of a slowing Euro economy - but nothing definitive yet.
Re: The Rise & Fall of the Euro
Well, the past two days the dollar has weakened, was it the strength of the Q1 corporate earnings reports?
Anyway, at the moment and for the first time in a long time, the Euro has softened a little bit: 1.11613
Anyway, at the moment and for the first time in a long time, the Euro has softened a little bit: 1.11613
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
Wow: 1.10480 This is the low point for 2019, so far.
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
A month later has seen the low mentioned above and it did rise briefly to 1.124 before retreating and it stays in a narrow margin recently between 1.115 and 1.105; currently @ 1.108.
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
- Andy Velebil
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Re: The Rise & Fall of the Euro
Question is, will it stay here or go down below 1.10?Roy Hersh wrote:A month later has seen the low mentioned above and it did rise briefly to 1.124 before retreating and it stays in a narrow margin recently between 1.115 and 1.105; currently @ 1.108.
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
Below, to 1.09900 right now!
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
- Andy Velebil
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Re: The Rise & Fall of the Euro
Hmm, since I’m on fire...will it go below $1.03?Roy Hersh wrote:Below, to 1.09900 right now!
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
Slowly .... 1.08879
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
- David Spriggs
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Re: The Rise & Fall of the Euro
1.0982 today
Re: The Rise & Fall of the Euro
1.09122 ten minutes ago.
Will we see 1.08 or 1.10 first, here in the USA?
Will we see 1.08 or 1.10 first, here in the USA?
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
During the Corona Virus pandemic, it is now 1.08425 ... pretty low. I have also seen gasoline around $2.00 per gallon, although my brother tells me it is considerably lower in Colorado which doesn't surprise me as it is between WA State and CA for the highest prices in the USA during normal times. We have no state income or sales taxes here, so they put $.50 on top of every gallon of gas to make up for it, not to mention property taxes, which are pretty high too. Now that POTUS (as of 2018) did away with being able to deduct mortgage interest ... a huge deal, so that he could pass his tax bill ... this is where we are. Will the Euro weaken further? I can see it getting down to close to par if we have another month in April, at all similar to March.
Ambition driven by passion, rather than money, is as strong an elixir as is Port. http://www.fortheloveofport.com
- Andy Velebil
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Re: The Rise & Fall of the Euro
The Euro was lower last week. IIRC, 1.07Roy Hersh wrote: ↑Thu Apr 02, 2020 5:20 pm During the Corona Virus pandemic, it is now 1.08425 ... pretty low. I have also seen gasoline around $2.00 per gallon, although my brother tells me it is considerably lower in Colorado which doesn't surprise me as it is between WA State and CA for the highest prices in the USA during normal times. We have no state income or sales taxes here, so they put $.50 on top of every gallon of gas to make up for it, not to mention property taxes, which are pretty high too. Now that POTUS (as of 2018) did away with being able to deduct mortgage interest ... a huge deal, so that he could pass his tax bill ... this is where we are. Will the Euro weaken further? I can see it getting down to close to par if we have another month in April, at all similar to March.
Andy Velebil Good wine is a good familiar creature if it be well used. William Shakespeare http://www.fortheloveofport.com