Dollar crashing again

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  • TheMaster
    Confirmed User
    • Nov 2003
    • 2734

    #1

    Dollar crashing again

    ?1 = $1,42

    so are we again going to ?1 = $1,60 like last summer?
  • CDSmith
    Too lazy to set a custom title
    • May 2001
    • 51460

    #2
    1 USD = $1.0835 CAD right now.

    That's bad. Was kind of enjoying the $1.20-ish xchange rate we'd been seeing for a while.
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    Comment

    • Nicky
      Too lazy to set a custom title
      • Mar 2003
      • 30071

      #3
      Yep this is sucking bad

      gfynicky @ gmail.com

      Comment

      • IllTestYourGirls
        Ah My Balls
        • Feb 2007
        • 14311

        #4
        You cant buy your own debt and expect your currency to survive

        Comment

        • Jman
          Already an AI veteran
          • Sep 2003
          • 22832

          #5
          Originally posted by CDSmith
          1 USD = $1.0835 CAD right now.

          That's bad. Was kind of enjoying the $1.20-ish xchange rate we'd been seeing for a while.
          Did you get that rate from your bank or the net???

          If it's bank please tell me who you are dealing with...

          I got 1.05 today with CIBC.....
          Last edited by Jman; 06-02-2009, 06:03 PM.
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          • tabasco
            Confirmed User
            • Jul 2006
            • 2624

            #6
            Yup $AU has gone from 0.63 to almost 0.83 today in about a month. The hits just keep on coming.
            "There is no other way to see a thing except to look at it" - fatfoo

            Comment

            • $5 submissions
              I help you SUCCEED
              • Nov 2003
              • 32189

              #7
              Yeah, it's sinking against the local currency here as well. Sheesh.

              Comment

              • rowan
                Too lazy to set a custom title
                • Mar 2002
                • 17393

                #8
                Originally posted by tabasco
                Yup $AU has gone from 0.63 to almost 0.83 today in about a month. The hits just keep on coming.
                I have bad memories of when it got to something like $0.98 recently...

                Comment

                • $5 submissions
                  I help you SUCCEED
                  • Nov 2003
                  • 32189

                  #9
                  Usually, when oil starts rising, the dollar starts crashing.

                  This is one of the reasons the Russians are amenable to a new global currency standard.

                  Comment

                  • nekrom
                    Confirmed User
                    • Mar 2004
                    • 921

                    #10
                    Originally posted by rowan
                    I have bad memories of when it got to something like $0.98 recently...
                    Analysts predict the dollar will be past parity by the middle of next year, $1.12 or so. I'm fucking not looking forward to that happening.

                    -N
                    Free Traffic

                    Comment

                    • CDSmith
                      Too lazy to set a custom title
                      • May 2001
                      • 51460

                      #11
                      Originally posted by Jean-Francois
                      Did you get that rate from your bank or the net???

                      If it's bank please tell me who you are dealing with...

                      I got 1.05 today with CIBC.....
                      That's the going "buy" rate, so yes, the best you'd get at a bank for selling USD is maybe $1.06 if you're lucky.

                      I'll be holding onto the funds in my US account until the rate improves.
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                      • Thurbs
                        The Thrilla in Manila
                        • Sep 2004
                        • 4785

                        #12
                        Originally posted by $5 submissions
                        Yeah, it's sinking against the local currency here as well. Sheesh.
                        indeed - wondering if i should cash out 5 figures today and pit against it going to 44. i have a feeling PH currency is going to nosedive soon though.

                        all kinds of IMF talk against the appreciation + Banco Central worried PH will lose alot of export with too much currency appreciation

                        Comment

                        • x-rate
                          Confirmed User
                          • Jun 2008
                          • 725

                          #13
                          Originally posted by Jean-Francois
                          Did you get that rate from your bank or the net???

                          If it's bank please tell me who you are dealing with...

                          I got 1.05 today with CIBC.....

                          What time you did it? Got 1.0629 with cibc foreign exchange service. If you trade more than 100k a year you should register to it. They give slight better exchange than at your branch.

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                          Comment

                          • Calico Jack
                            Confirmed User
                            • Jul 2004
                            • 2051

                            #14
                            Originally posted by tabasco
                            Yup $AU has gone from 0.63 to almost 0.83 today in about a month. The hits just keep on coming.
                            Too right, the recent 0.63 days had me grinning from ear to ear, it was just like years gone by.

                            Comment

                            • Vitasoy
                              GFY HALL OF FAME DAMMIT!!!
                              • Oct 2003
                              • 58202

                              #15
                              Yea it sucks.. sigh eventually it'll hit back to par


                              [email protected]

                              Comment

                              • Denny
                                Too lazy to set a custom title
                                • Feb 2005
                                • 17414

                                #16
                                that sucks

                                Comment

                                • Raf1
                                  Too lazy to set a custom title
                                  • Oct 2003
                                  • 12117

                                  #17
                                  I just hope it doesn't fall as low as last time.
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                                  • signbucks
                                    Confirmed User
                                    • May 2008
                                    • 651

                                    #18
                                    Originally posted by Raf1
                                    I just hope it doesn't fall as low as last time.
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                                    • mn
                                      Confirmed User
                                      • Oct 2001
                                      • 1505

                                      #19
                                      par against eur within 2-3 years...

                                      Comment

                                      • miscak
                                        Confirmed User
                                        • Jan 2008
                                        • 140

                                        #20
                                        Originally posted by mn
                                        par against eur within 2-3 years...
                                        I think this is impossible!!!
                                        But I hope you are right!!!

                                        Comment

                                        • seeandsee
                                          Check SIG!
                                          • Mar 2006
                                          • 50945

                                          #21
                                          stupid dollar
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                                          Comment

                                          • voa
                                            Too lazy to set a custom title
                                            • Nov 2006
                                            • 16532

                                            #22
                                            That is some bad news for all of us.Hope USD will move up

                                            Comment

                                            • ottyhotties
                                              Confirmed User
                                              • May 2005
                                              • 188

                                              #23
                                              Originally posted by IllTestYourGirls
                                              You cant buy your own debt and expect your currency to survive
                                              Absolutely brilliant comment right there.

                                              We can hope all we want, cross our fingers and pray to whatever deity one might choose, but as long as the USA continues to buy up treasuries and prints more dollars; the dollar is doomed. I also wouldn't be surprised if one of the major debates of the next presidential election is supporting China and Russia's currency basket proposals.

                                              Comment

                                              • Ross
                                                Ik ben een aap
                                                • Sep 2002
                                                • 18874

                                                #24
                                                Crashing against the british pound as well. I was enjoying the 1.4 rate in Feb and March. April went to 1.5 but still amazing. Looking like its gonna hit 1.7 in the next week or 2 and before I know it we'll be right back at $2 to £1. Fucking sucks.

                                                Comment

                                                • DWB
                                                  Registered User
                                                  • Jul 2003
                                                  • 31779

                                                  #25
                                                  Originally posted by IllTestYourGirls
                                                  You cant buy your own debt and expect your currency to survive
                                                  Bingo.

                                                  The USA just printing billions of dollars and now people are wondering why the dollar is starting to slide. Well, surprise.

                                                  The worst has yet to come boys, this global mess is just starting.

                                                  Comment

                                                  • Bomber8888
                                                    Confirmed User
                                                    • Mar 2004
                                                    • 1444

                                                    #26
                                                    They say it will hit parity again by the end of this year!
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                                                    bomber.jason AT gmail dot com

                                                    Comment

                                                    • StaceyJo
                                                      Confirmed User
                                                      • Mar 2008
                                                      • 8960

                                                      #27
                                                      Bad news. tsk tsk
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                                                      • Zorgman
                                                        Confirmed User
                                                        • Aug 2002
                                                        • 6103

                                                        #28
                                                        Yep, it sucks alright.

                                                        When the USD > AUD is low (around .065) it's hard to make coin but when you do it's worth it. But when it's (.085+) it's easy to make coin but less money per dollar.

                                                        The entire system sucks, but this is what we did to ourselves.
                                                        ---

                                                        Comment

                                                        • Kenny B!
                                                          Confirmed Abuser
                                                          • Jun 2003
                                                          • 5718

                                                          #29
                                                          To make things worse because oil is priced in $USD the more the dollar slides the higher the price of oil goes.

                                                          Once this ball is rolling, when the price of oil goes up, the $CND goes up.
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                                                          • Manowar
                                                            jellyfish  
                                                            • Dec 2003
                                                            • 71528

                                                            #30
                                                            this really sucks

                                                            Comment

                                                            • pornguy
                                                              Too lazy to set a custom title
                                                              • Mar 2003
                                                              • 62910

                                                              #31
                                                              1:13.35 again here.. If it hits 14.50 or so Im grabbing at least 5k to sit on
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                                                              • Klen
                                                                • Aug 2006
                                                                • 32234

                                                                #32
                                                                Funny,i wanted open long thread about it too and today finally is starting to recover.

                                                                Comment

                                                                • BradM
                                                                  Confirmed User
                                                                  • Dec 2003
                                                                  • 3397

                                                                  #33
                                                                  Fuck that 1.20 was nice. 1.05 here now what a pain in the ass

                                                                  Comment

                                                                  • Monk
                                                                    Confirmed User
                                                                    • Jan 2003
                                                                    • 631

                                                                    #34
                                                                    Originally posted by CDSmith

                                                                    I'll be holding onto the funds in my US account until the rate improves.

                                                                    yeah... that's the same thing you said when the rate was 1.45
                                                                    Last edited by Monk; 06-03-2009, 02:05 PM.

                                                                    Comment

                                                                    • Mr. Romance
                                                                      The Face of Romance and the Symbol of Freedom
                                                                      • Mar 2005
                                                                      • 7821

                                                                      #35
                                                                      Mr. Romance Economics 101


                                                                      Rising Oil Prices = Weaker Dollar

                                                                      Declining Oil Prices = Stronger Dollar

                                                                      You can check your oil prices at http://www.oil-price.net

                                                                      And you can check your currency fluctuation at www.xe.com

                                                                      Class Dismissed.

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                                                                      • F-U-Jimmy
                                                                        Confirmed User
                                                                        • Apr 2006
                                                                        • 6853

                                                                        #36
                                                                        Originally posted by Mr. Romance
                                                                        Mr. Romance Economics 101


                                                                        Rising Oil Prices = Weaker Dollar

                                                                        Declining Oil Prices = Stronger Dollar

                                                                        You can check your oil prices at http://www.oil-price.net

                                                                        And you can check your currency fluctuation at www.xe.com

                                                                        Class Dismissed.

                                                                        Mr. Romance
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                                                                        Comment

                                                                        • beta-tester
                                                                          Rock 'n Roll Baby!
                                                                          • Sep 2004
                                                                          • 22562

                                                                          #37
                                                                          I hope it's just fluctuations and that it'll come back to 1.3 soon.

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                                                                          • Cyber Fucker
                                                                            Hmm
                                                                            • Sep 2005
                                                                            • 12642

                                                                            #38
                                                                            That's fucked up.

                                                                            Comment

                                                                            • pimp3611
                                                                              Confirmed User
                                                                              • Aug 2005
                                                                              • 357

                                                                              #39
                                                                              Originally posted by Jean-Francois
                                                                              Did you get that rate from your bank or the net???

                                                                              If it's bank please tell me who you are dealing with...

                                                                              I got 1.05 today with CIBC.....
                                                                              Bank with TD. They have the best rates when transfering US cash to CND online.
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                                                                              Comment

                                                                              • kenny
                                                                                Confirmed User
                                                                                • Mar 2002
                                                                                • 7245

                                                                                #40
                                                                                Originally posted by DirtyWhiteBoy
                                                                                Bingo.

                                                                                The USA just printing billions of dollars and now people are wondering why the dollar is starting to slide. Well, surprise.

                                                                                The worst has yet to come boys, this global mess is just starting.
                                                                                Billions is an understatement.

                                                                                There is an alphabet soup of bailout programs some public some cloaked in FED secrecy that is amounting to trillions.
                                                                                7

                                                                                Comment

                                                                                • TheSenator
                                                                                  Too lazy to set a custom title
                                                                                  • Feb 2003
                                                                                  • 13330

                                                                                  #41
                                                                                  Time to start pushing CLUBSEVENTEEN and get paid in EUROS!
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