The Rise & Fall of the Euro

[Andy Velebil]

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?


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[Roy Hersh]

1.08814 seems to suggest the further weakening of the Euro.

Why now?

[Brian C.]

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]

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.]

Just an Idea....you could just have a little chart or monitor of this on the homepage.

[Roy Hersh]

Nah, this is far more fun.

Par is in the air .... 1.06462

[Roy Hersh]

At the end of Nov. 2015: 1.05696

[Roy Hersh]

Talk about a correction ... wow! 1.09335

[Eric Menchen]

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]

I don't know, Eric. Now at 1.10305.

[Brian C.]

It's still trading in the range. This latest up move is a bounce off the support.

[Eric Menchen]

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]

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]

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]

The first change in quite a while: 1.07980.

[Roy Hersh]

1.08310

[Edward J]

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]

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]

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]

I certainly hope you're correct.