Page 14 of 19
Re: The Rise & Fall of the Euro
Posted: Fri Feb 12, 2016 7:45 am
by Edward J
While I don't want to be Debbie Downer here the issue is one of a world economic Global meltdown. They are hanging on and keeping things together, for now. War clouds are on the horizon and unsustainable debt befalls many nations. Then add in a few hundred thousand immigrants to Europe, all demanding Government services. Yesterday, Gold broke out of it's 200 day moving average and is on track to have it's best quarter in 30 years. I believe lines were around the block to purchase Gold in London. Something is up and it's probably not going to mean more prosperity for the average Joe. Hedge accordingly.
Re: The Rise & Fall of the Euro
Posted: Mon Feb 15, 2016 12:33 pm
by Roy Hersh
1.11518
Re: The Rise & Fall of the Euro
Posted: Mon Feb 22, 2016 5:08 pm
by Roy Hersh
Going down ... 1.10267
Re: The Rise & Fall of the Euro
Posted: Fri Feb 26, 2016 3:47 pm
by Edward J
And it closes out the week @ 1.0933
Re: The Rise & Fall of the Euro
Posted: Mon Feb 29, 2016 6:16 pm
by Roy Hersh
1.08780 right now. Taking quite a slide in recent weeks.
Re: The Rise & Fall of the Euro
Posted: Tue Mar 01, 2016 11:10 am
by Eric Menchen
Last week it was the discussions of the UK leaving. Today US manufacturing looks good and the ECB is talking about more stimulus money, both working for the $ vs. the €.
Re: The Rise & Fall of the Euro
Posted: Sat Mar 12, 2016 5:48 pm
by Roy Hersh
So then, why has the Euro suddenly jumped to 1.11498 ?
Re: The Rise & Fall of the Euro
Posted: Thu Mar 17, 2016 5:56 pm
by Roy Hersh
Whoa ... 1.13131
Re: The Rise & Fall of the Euro
Posted: Thu Mar 17, 2016 9:14 pm
by David Spriggs
The reason for the rise is that the Federal Reserve signaled that they are not going to aggressively raise interest rates in the US any time soon.
Re: The Rise & Fall of the Euro
Posted: Wed Mar 23, 2016 3:43 pm
by Roy Hersh
Back down to 1.11841
Re: The Rise & Fall of the Euro
Posted: Wed Mar 23, 2016 7:40 pm
by Andy Velebil
I just saw the British pound. Wow I've never seen it that low that I can recall.
Sent from my iPhone using Tapatalk
Re: The Rise & Fall of the Euro
Posted: Fri Apr 01, 2016 2:42 pm
by Roy Hersh
1.13943 the highest for the Euro in many months.
Re: The Rise & Fall of the Euro
Posted: Tue May 03, 2016 3:30 pm
by Roy Hersh
The ceiling is broken: 1.15001
Re: The Rise & Fall of the Euro
Posted: Mon May 09, 2016 1:55 pm
by Roy Hersh
Just in the nick of time, the Euro is slowly fading back to its range where it has spent most of 2016: 1.13836 ... hopefully closer to 1.12 later in the week or beginning of next week.
Re: The Rise & Fall of the Euro
Posted: Sun Jun 05, 2016 5:18 pm
by Roy Hersh
While the Euro was down early last week at 1.113, it is now back up to where it had been trending recently, 1.13449.
Re: The Rise & Fall of the Euro
Posted: Fri Jun 24, 2016 9:20 am
by Eric Menchen
Well, that vote was a surprise to me, but the resulting effect on the euro is not. Back to 1.11052.
Re: The Rise & Fall of the Euro
Posted: Fri Jun 24, 2016 11:26 am
by Andy Velebil
Eric Menchen wrote:Well, that vote was a surprise to me, but the resulting effect on the euro is not. Back to 1.11052.
How about that Pound
Re: The Rise & Fall of the Euro
Posted: Fri Jun 24, 2016 12:26 pm
by Eric Menchen
Andy Velebil wrote:How about that Pound
It's getting ... wait for it ... pounded.
Re: The Rise & Fall of the Euro
Posted: Fri Jun 24, 2016 12:30 pm
by Andy Velebil
Eric Menchen wrote:Andy Velebil wrote:How about that Pound
It's getting ... wait for it ... pounded.
Lol
Sent from my iPhone using Tapatalk
Re: The Rise & Fall of the Euro
Posted: Fri Jun 24, 2016 3:20 pm
by Matt K
Hah, guess I'm not the only one who thought about this thread and how the Brexit vote could impact Maderia shopping.