Dollar hits new low against the Euro

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  • Paul Markham
    Too old to care
    • Jun 2001
    • 52942

    #1

    Dollar hits new low against the Euro

    Dollar at record low against euro

    Seems the people have spoken on their trust in Bush to deal with the US economy.



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  • swedguy
    Confirmed User
    • Jan 2002
    • 7981

    #2
    Mmmm, this shit is NO fun.

    Swedish Krona -> USD

    Comment

    • Repetitive Monkey
      Confirmed User
      • Feb 2004
      • 3505

      #3
      USD vs. NOK



      Oh well.

      Comment

      • swedguy
        Confirmed User
        • Jan 2002
        • 7981

        #4
        And the Euro one....

        Last edited by swedguy; 11-05-2004, 09:29 PM.

        Comment

        • stocktrader23
          Let's do some business.
          • Jan 2003
          • 18781

          #5
          The dollar has dropped like a bomb since the election. I should have kept my short positions for another week


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          • Repetitive Monkey
            Confirmed User
            • Feb 2004
            • 3505

            #6
            Originally posted by swedguy
            And the Euro one....
            Hey, swedguy, you must join the Germanic Illuminati. Black belt in regular expressions is no match for the Cult. Together we can rule the galaxy.

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            • quiet
              we'll miss you our friend. RIP
              • Sep 2001
              • 25115

              #7
              Canadian dollar is going to be worth as much as the US if this continues much longer:

              0.835108
              we'll miss you our friend. RIP

              Comment

              • Jay_StandAhead
                Confirmed User
                • Jul 2002
                • 3103

                #8
                Originally posted by quiet
                Canadian dollar is going to be worth as much as the US if this continues much longer:

                0.835108
                14-18 months...

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                • Repetitive Monkey
                  Confirmed User
                  • Feb 2004
                  • 3505

                  #9
                  Originally posted by Repetitive Monkey
                  Hey, swedguy, you must join the Germanic Illuminati. Black belt in regular expressions is no match for the Cult. Together we can rule the galaxy.

                  Comment

                  • Paul Markham
                    Too old to care
                    • Jun 2001
                    • 52942

                    #10
                    We have a US dollar account here in Czech as well as our accounts in the US, taking as little out as possible. Seems it might be wiser to take it out as soon as possible.

                    Seems the money markets have little faith in Bush to turn it around.

                    Also there was a program on here in Czech that said the EU would be as strong financially as the US in the year 2010. Seems it might not take that long.



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                    Comment

                    • Drake
                      Hello world!
                      • Mar 2003
                      • 12508

                      #11
                      This is brutal. What's the longterm forecast? Is it just going to keep going lower and lower over the next few years?

                      Comment

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

                        #12
                        Originally posted by quiet
                        Canadian dollar is going to be worth as much as the US if this continues much longer:

                        0.835108

                        Give it one more year.


                        [email protected]

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                        • Jay_StandAhead
                          Confirmed User
                          • Jul 2002
                          • 3103

                          #13

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                          • Xenophage
                            Registered User
                            • Oct 2001
                            • 12122

                            #14
                            if you have foreign curency nmow is the time to buy US real estate.. its at 30-50% discout from the last few years

                            Comment

                            • Paul Markham
                              Too old to care
                              • Jun 2001
                              • 52942

                              #15
                              Originally posted by Mike33
                              This is brutal. What's the longterm forecast? Is it just going to keep going lower and lower over the next few years?
                              Ask GWB, he's the man with the answers.

                              if you have foreign curency nmow is the time to buy US real estate.. its at 30-50% discout from the last few years
                              Very true, plus US property prices are dropping and their are some good bargains to be picked up at bankruptcy auctions. Might look into that when I'm over in December, great place for a vacation now that the Czech Crown goes buys so much.



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                              • SleazyDream
                                I'm here for SPORT
                                • Jul 2001
                                • 41470

                                #16
                                1.20 OUTCH
                                This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!

                                Now read without the word dog.

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                                • FlyingIguana
                                  aspiring banker
                                  • Mar 2002
                                  • 10870

                                  #17
                                  Originally posted by charly
                                  Dollar at record low against euro

                                  Seems the people have spoken on their trust in Bush to deal with the US economy.
                                  it would drop no matter who got in. kerry might have been better but it would have been an unknown which is almost as bad.

                                  Comment

                                  • Easton
                                    Too lazy to set a custom title
                                    • Sep 2002
                                    • 9825

                                    #18
                                    don't remind me.... i shorted a contract at 1.25 and one at 1.29

                                    i'm losing my fuckin shirt LOL
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                                    • bizmak
                                      So Fucking Banned
                                      • Apr 2004
                                      • 10014

                                      #19
                                      damn. what else to say, we're losing money here people

                                      Comment

                                      • Easton
                                        Too lazy to set a custom title
                                        • Sep 2002
                                        • 9825

                                        #20
                                        Originally posted by bizmak
                                        damn. what else to say, we're losing money here people
                                        try being short 2 Dec '04 contracts... LOL
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                                        • DevilsBackbone
                                          Registered User
                                          • Aug 2004
                                          • 52

                                          #21
                                          "It seems now that the longer-term investors like pension funds and perhaps monetary authorities are either hedging their dollar risk or moving assets out of the United States.

                                          "It looks like the dollar has further to fall,"
                                          --- Weishaupt ---

                                          Comment

                                          • polish_aristocrat
                                            Too lazy to set a custom title
                                            • Jul 2002
                                            • 40377

                                            #22
                                            Originally posted by DevilsBackbone
                                            "It seems now that the longer-term investors like pension funds and perhaps monetary authorities are either hedging their dollar risk or moving assets out of the United States.

                                            "It looks like the dollar has further to fall,"
                                            I don't use ICQ anymore.

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