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Re: The Rise & Fall of the Euro
Posted: Thu Oct 29, 2015 5:56 pm
by Andy Velebil
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?
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Re: The Rise & Fall of the Euro
Posted: Thu Nov 05, 2015 4:18 pm
by Roy Hersh
1.08814 seems to suggest the further weakening of the Euro.
Why now?
Re: The Rise & Fall of the Euro
Posted: Fri Nov 06, 2015 7:21 am
by Brian C.
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.
Re: The Rise & Fall of the Euro
Posted: Fri Nov 06, 2015 9:12 am
by Edward J
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.
Re: The Rise & Fall of the Euro
Posted: Fri Nov 06, 2015 10:07 am
by John M.
Just an Idea....you could just have a little chart or monitor of this on the homepage.
Re: The Rise & Fall of the Euro
Posted: Tue Nov 17, 2015 11:03 am
by Roy Hersh
Nah, this is far more fun.
Par is in the air .... 1.06462
Re: The Rise & Fall of the Euro
Posted: Mon Nov 30, 2015 4:58 pm
by Roy Hersh
At the end of Nov. 2015: 1.05696
Re: The Rise & Fall of the Euro
Posted: Thu Dec 03, 2015 5:39 pm
by Roy Hersh
Talk about a correction ... wow! 1.09335
Re: The Rise & Fall of the Euro
Posted: Fri Dec 04, 2015 8:58 am
by 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?
Re: The Rise & Fall of the Euro
Posted: Wed Dec 09, 2015 1:03 pm
by Roy Hersh
I don't know, Eric. Now at 1.10305.
Re: The Rise & Fall of the Euro
Posted: Thu Dec 10, 2015 11:22 am
by Brian C.
It's still trading in the range. This latest up move is a bounce off the support.
Re: The Rise & Fall of the Euro
Posted: Thu Dec 10, 2015 3:44 pm
by 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.
Re: The Rise & Fall of the Euro
Posted: Wed Dec 16, 2015 4:54 pm
by 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.
Re: The Rise & Fall of the Euro
Posted: Sat Jan 09, 2016 1:29 am
by 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.
Re: The Rise & Fall of the Euro
Posted: Sat Jan 23, 2016 11:30 pm
by Roy Hersh
The first change in quite a while: 1.07980.
Re: The Rise & Fall of the Euro
Posted: Sat Jan 30, 2016 5:18 pm
by Roy Hersh
1.08310
Re: The Rise & Fall of the Euro
Posted: Mon Feb 08, 2016 12:54 pm
by 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.
Re: The Rise & Fall of the Euro
Posted: Thu Feb 11, 2016 2:28 am
by 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.
Re: The Rise & Fall of the Euro
Posted: Thu Feb 11, 2016 3:50 pm
by 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.
Re: The Rise & Fall of the Euro
Posted: Thu Feb 11, 2016 4:54 pm
by Roy Hersh
I certainly hope you're correct.