About US dollar...
Does any of you think the USD will be strong agan within the next 18 months?
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I don't use ICQ anymore. -
i hope so..i cant take anymore lossesTelegram PhoenixBrad
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yes
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I really hope so, im loosing quite abit of money on the darn USD
gfynicky @ gmail.comComment
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It's stronger at the moment (at least against the pound) than it has been in the recnt past. Hopefully it'll continue to go that way although all things considered it's doubtful. As someone said it'll probably just yoyo a little and remain in its current fairly weak state.Ignorance is never bliss.
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Of course. That's why I buy US stocks now. With the upstream on the market and a stronger dollar you can double or triple your money (if you are from EURO zone) while investing in low risk, conservative markets. (buy Apple stocks
)
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hmmmmmmmmm...........Originally posted by faxxaff
Of course. That's why I buy US stocks now. With the upstream on the market and a stronger dollar you can double or triple your money (if you are from EURO zone) while investing in low risk, conservative markets. (buy Apple stocks )
I don't use ICQ anymore.Comment
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No.
If not for the legal system I would actually consider packing up my family and moving to the U.S. Although I don't rely on my online earnings, I find it very hard to get excited even when I have a good month. A typical house in my neighbourhood would equate to appx 1.5 million USD. A cheap 1 bedroom apartment in town, about $400K. And yet 1.5 million USd would buy you quite a nice place in the US, dependant upon area. Also to put it into perspective, my daughter's school fees come to appx $50K a year. That would be enough for her to attend Wharton. LOLComment
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I hope it does, because the exchange rate is pretty fucked up
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Ok it's as simple as this when bush is out the world will have more confidence in us and the dollar will get better...Comment
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no..
but i still love him ;)WANT TO PLACE YOUR TEXT/BANNER HERE?
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I am also not sure about it!!GayPay X2 -- #1in the niche! $35 per sign! Up to 70% revenue share! http://www.gaypay.comComment
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The Mexican Peso to US Dollar ratio is now 11.4:1. These people think I'm rich. LOLComment
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If everyone wants the dollar become stronger, why not? If we all start buying dollars ouside of US the deficit will up its international price.Comment
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expected to go down as canadian economy gets stronger and interest rates rise. plus commodity prices are helping the canadian dollar right now.Originally posted by polish_aristocrat
Does any of you think the USD will be strong agan within the next 18 months?Comment
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depends of elections too
bush doeasn't want a stong economy he just want big rich guys (in his familly) and poor americansComment
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Originally posted by xclusive
Ok it's as simple as this when bush is out the world will have more confidence in us and the dollar will get better...
I'm not sure that understand economics very well.... The weak dollar is GOOD for the US economy.
The EU is getting DESPERATE to try to weaken the Euro. The reason why the unemployment rate in most of the EU is twice what it is in the US has a lot to do with an overly strong Euro. It is killing EU exports, just as the weak dollar is doing great things for US exporters and manufacturers
How does that make any kind of sense? Even if he is acting out of pure self interest only, and only for "big business", then he has a vested interest in a strong ecomomy that increases consumer spending. How would bug businesses make money if no one can buy their products?bush doeasn't want a stong economy he just want big rich guys (in his familly) and poor americans
Has anyone ever studied even BASIC economics around here?Michael Sperber / Acella Financial LLC/ Online Payment Processing
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Today is the lowest exchange rate i've ever seen while in this business.... (1.249 Canadian).
Hopefully it goes up soon. If the canadian dollar goes above the US dollar im going to be pissed.Comment
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Yup. I was looking at this too. It doesn't really make a difference to me anymore but I can see how it would drive Canadians insane right now.Originally posted by stev0
Today is the lowest exchange rate i've ever seen while in this business.... (1.249 Canadian).
Hopefully it goes up soon. If the canadian dollar goes above the US dollar im going to be pissed.Comment
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Lol, I don't think it will be that bad.Originally posted by stev0
If the canadian dollar goes above the US dollar im going to be pissed.
But sill the USD is so weak now compared to Euro
I don't use ICQ anymore.Comment
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Yup it sucks..... got around the same yesterdayOriginally posted by stev0
Today is the lowest exchange rate i've ever seen while in this business.... (1.249 Canadian).
Hopefully it goes up soon. If the canadian dollar goes above the US dollar im going to be pissed.
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yes it willComment
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Not necessarily, it is good for exporters.Originally posted by sperbonzo
I'm not sure that understand economics very well.... The weak dollar is GOOD for the US economy.
But in the US exporting is a relatively small part of the US economy
compared to your typical european or asian economy (if you doubt that just look at the trade deficit on a country by country basis)..
And as you say the strength of the euro has kept european economies relatively slowly growing.. Who does this hurt? Europeans yes, but also the US economy because europeans buy a fuckload of US goods :/
Another reason against having a weak dollar that you seem to approve is, is that on purchasing power parity a weak dollar makes United States assets cheaper to the rest of the world.
Which in effect makes Americans poorer. If US dollar being weak was GOOD for the economy, then that would be the official policy of the treasury, but it's not, a STRONG dollar is.
Of course EU exporters would love a weaker euro, or more correctly a stronger dollar. However the ECB has not intervened, at least in the last few years, they will let the market be, or at least until the pressure from exporters gets too hot.The EU is getting DESPERATE to try to weaken the Euro. The reason why the unemployment rate in most of the EU is twice what it is in the US has a lot to do with an overly strong Euro. It is killing EU exports, just as the weak dollar is doing great things for US exporters and manufacturersLast edited by sacX; 09-30-2004, 10:04 AM.Comment
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Why not just put your money into a basket of currencies?Comment
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I am expecting an exchange rate between 1.1 to 1.00 (euro/usd)
The Euro uptrend is broken and the FED leaves the way of the cheap money policy.Comment
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hopefully.Comment
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Its only been declining amd continuing to go downhill lately , I should have cashed out alot in June when i thought 1.35 was crap
This is really driving me mental lately its totally annoying
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dont know, hope so
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Originally posted by ortika
depends of elections too
bush doeasn't want a stong economy he just want big rich guys (in his familly) and poor americans
That is soo true. Down with Bush.Comment
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Going to loose a 100 dimes this year. Fucken war.opinions are like assholes.................
"They aren't after me, they are AFTER YOU! Im just in their way"
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mighty dollar that everyone loves to have it in their hands.right, folks.Comment
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heh two years later and situation is still the sameI don't use ICQ anymore.Comment
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It's gona be the same 2 more years i believe
agentGFY *at* gmail.comComment
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not really .. the US $ is just lower...
Good thing I didn't follow FAXXAFF economic road ... I, in fact , sold my property in Florida att that time... So, on exchange to compare to today, I made about 45 000.00 more ...
In respect to Canadian dollar, I can see par within the next 2 years.
I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....Comment
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Depends on the oil marketComment
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the fx game is way above any of our heads...if I knew this I would be an FX trader and not a porn webmaster...Blog Themes, TGP Design, Writing Services, Grunt Work
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I own gold and euros, and im american...it pays to pay attention to the trends"..and which one of you had the prime rib?" - Waiter
"frankly, I don't see how that's any of your business!" - Peter GriffinComment
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It doesn't really matter to me but I think nothing is going to change within the next two years. My finacial advisor thinks the same. We are financing a war with gazillions of borrowed money (China is our biggest creditor) and sooner or later someone's has to pick up the tab. This means, our government is printing money right now, more than what is healthy. There are other factors:
Real Estate down
Manufacturing Industry down
Cosumer Confidence down
Jobs down
Inflation up (if you disredgard the election bonus in gas this month)
Nobody in their right mind expects a strong dollar any time soon.Jenny Seemore
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Too frikken right - about 3/4 of my clients are from the US and thus they pay me in $ for scripts. That together with the 5% ccard processing fee for payements means I end up with peanuts for hard work.
While it's fine for the big projects, I can hardly be bothered to fill gaps with $100 scripts anymore.
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I feel in the long term, the USD will go back up to where it was or better - but in the short term (1-2 years) until the Iraq war is settled down a bit - it will continue to drop...
I WISH the USD would go WAY up and our Canadian dollar would drop again - man that was sweet in 2001 - 2003 or so
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Thats a sweet house! There are many things I like abou the UK but the cost of living has gotten even worse over the last couple years.
And guess what?
Funny this post should come up because
I'm fucking emigrating on nov 15!!!
Gozo here we come!Comment
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just an appropriate bump ..... from 2004 & oct. 2006not really .. the US $ is just lower...
Good thing I didn't follow FAXXAFF economic road ... I, in fact , sold my property in Florida att that time... So, on exchange to compare to today, I made about 45 000.00 more ...
In respect to Canadian dollar, I can see par within the next 2 years.I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....Comment
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