This forum is for discussing selling, buying and pricing of Port & Madeira.
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Andy Velebil
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by Andy Velebil » Thu Oct 29, 2015 5:56 pm
Eric Menchen wrote: Roy Hersh wrote: Well, back under 1.10 ... right now, 1.09398.
Can I book my 2017 trip now?
With a reopened clause in case it goes lower?
Sent from my iPhone using Tapatalk
Roy Hersh
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by Roy Hersh » Thu Nov 05, 2015 4:18 pm
1.08814 seems to suggest the further weakening of the Euro.
Why now?
Brian C.
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by Brian C. » Fri Nov 06, 2015 7:21 am
Roy Hersh wrote: 1.08814 seems to suggest the further weakening of the Euro.
Why now?
The Fed is more likely to start raising rates soon, which means relative strength of the dollar versus other currencies increases.
Edward J
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by Edward J » Fri Nov 06, 2015 9:12 am
Brian C. wrote: Roy Hersh wrote: 1.08814 seems to suggest the further weakening of the Euro.
Why now?
The Fed is more likely to start raising rates soon, which means relative strength of the dollar versus other currencies increases.
1.07 break today. Feds strongest hints yet at Dec. rate increase. The only thing I know for sure is a storm is coming, be prepared.
John M.
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by John M. » Fri Nov 06, 2015 10:07 am
Just an Idea....you could just have a little chart or monitor of this on the homepage.
Any Port in a storm!
Roy Hersh
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by Roy Hersh » Tue Nov 17, 2015 11:03 am
Nah, this is far more fun.
Par is in the air .... 1.06462
Roy Hersh
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by Roy Hersh » Mon Nov 30, 2015 4:58 pm
At the end of Nov. 2015: 1.05696
Roy Hersh
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by Roy Hersh » Thu Dec 03, 2015 5:39 pm
Talk about a correction ... wow! 1.09335
Eric Menchen
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by Eric Menchen » Fri Dec 04, 2015 8:58 am
US jobs report was good this morning, so Janet will proceed to raise interest rates this month, which in turn should bring that back down, no?
Roy Hersh
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by Roy Hersh » Wed Dec 09, 2015 1:03 pm
I don't know, Eric. Now at 1.10305.
Brian C.
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by Brian C. » Thu Dec 10, 2015 11:22 am
It's still trading in the range. This latest up move is a bounce off the support.
Eric Menchen
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by Eric Menchen » Thu Dec 10, 2015 3:44 pm
I think there will be more movement when rates actually go up. But what do I know? If I could reliably predict these things, I'd be retired by now.
Roy Hersh
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by Roy Hersh » Wed Dec 16, 2015 4:54 pm
The market has already figured in the 1/4 uptick by the Fed. And the Euro came down. Glad you didn't bet the house, Eric. Now at 1.08724.
Roy Hersh
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by Roy Hersh » Sat Jan 09, 2016 1:29 am
1.09255 and it has ranged from 1.08-1.10 for the past couple of weeks. Surprising how narrow the band has been lately, especially given the situation in China.
Roy Hersh
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by Roy Hersh » Sat Jan 23, 2016 11:30 pm
The first change in quite a while: 1.07980.
Roy Hersh
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by Roy Hersh » Sat Jan 30, 2016 5:18 pm
1.08310
Edward J
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by Edward J » Mon Feb 08, 2016 12:54 pm
Euro goes to 1.12 today. My crystal ball is cloudy but I get the feeling things are not well in Europe either and the fall out will be sooner rather than later.
Roy Hersh
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by Roy Hersh » Thu Feb 11, 2016 2:28 am
Well the Euro is strengthening, now at 1.13306. Is it Europe getting stronger or our political scene in the USA driving the dollar weaker?
Either way, I hope to see things turn around again.
Eric Menchen
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by Eric Menchen » Thu Feb 11, 2016 3:50 pm
Lots of uncertainty on the US side of the pond over interest rates, etc. Once people get over that, I expect the Euro to go back down. 3 months? 6 months? I think it is more about the Federal Reserve and less about presidential politics.
Roy Hersh
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by Roy Hersh » Thu Feb 11, 2016 4:54 pm
I certainly hope you're correct.