Ouch! Painful USD movement...

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  • rickholio
    Confirmed User
    • Jan 2004
    • 1914
    #1

    Ouch! Painful USD movement...

    The world's favoured reserve currency took a shit today...



    I suspect it's a result of lackluster US domestic job growth numbers, combined with the revelation that wage increases were a little over 2% whereas base inflation was over 3% (and base inflation doesn't track fuel price increases, which would probably push the real inflation rate up over 5%).

    Any other fiscal revelations today that I missed out on that might cause this kind of negative mobility?
    ~
    Tags: None
    • Mr. Jim
      Confirmed User
      • Mar 2003
      • 4372
      #2
      always delivering the upbeat news Rick

        Comment

        • rickholio
          Confirmed User
          • Jan 2004
          • 1914
          #3
          Originally posted by jimholio
          always delivering the upbeat news Rick
          I aim to please.

          It's hard on guys like me... I take in a fair bit of revenue in USD. This little downward jolt is going to cost me somewhere in the realm of $500 the next time I go to the bank to deposit, and I'm not nearly rich enough where I can absorb a $500 hit without saying 'ouch' yet.
          ~

            Comment

            • Xenophage
              Registered User
              • Oct 2001
              • 12122
              #4
              WOOOHOOOO

              EEM
              EWZ


              rocking as the currancy gets fucked..

              I am raping the fucking market this year

                Comment

                • flashfire
                  ICQ 1 6 7 8 5 3 4 9 2
                  • Feb 2003
                  • 13098
                  #5
                  I was gonna go to the bank today...shitty

                    Comment

                    • Mr. Jim
                      Confirmed User
                      • Mar 2003
                      • 4372
                      #6
                      Originally posted by rickholio
                      I aim to please.

                      It's hard on guys like me... I take in a fair bit of revenue in USD. This little downward jolt is going to cost me somewhere in the realm of $500 the next time I go to the bank to deposit, and I'm not nearly rich enough where I can absorb a $500 hit without saying 'ouch' yet.
                      I understand Rick LOl you know I do

                        Comment

                        • rickholio
                          Confirmed User
                          • Jan 2004
                          • 1914
                          #7
                          Originally posted by LegendaryLars
                          WOOOHOOOO

                          EEM
                          EWZ


                          rocking as the currancy gets fucked..

                          I am raping the fucking market this year
                          Damn, some nice numbers there!



                          Wish I'd gotten on that train as it was leaving the station.
                          ~

                            Comment

                            • sherie
                              Confirmed User
                              • Feb 2002
                              • 7020
                              #8
                              It's a good thing we Canadians can get US accounts here. That is where I leave my US $$. It was alright yesterday, I would imagine it will climb it's way back up. Hang in there Ricky!
                              AIM sherierocks
                              ICQ 127-296-286
                              Skype traffichor

                                Comment

                                • AlienQ - BANNED FOR LIFE
                                  best designer on GFY
                                  • Mar 2003
                                  • 30307
                                  #9
                                  Outsourcing
                                  Thats what.

                                    Comment

                                    • Xenophage
                                      Registered User
                                      • Oct 2001
                                      • 12122
                                      #10
                                      Originally posted by rickholio
                                      Damn, some nice numbers there!



                                      Wish I'd gotten on that train as it was leaving the station.

                                      thanks i only been in since nov though so i missed half the move so far

                                      but I have a LOT in them

                                        Comment

                                        • rickholio
                                          Confirmed User
                                          • Jan 2004
                                          • 1914
                                          #11
                                          Originally posted by sherie
                                          It's a good thing we Canadians can get US accounts here. That is where I leave my US $$. It was alright yesterday, I would imagine it will climb it's way back up. Hang in there Ricky!
                                          Ahhh, I'm trying to buy a house, need all the scratch I can get right now ;)

                                          I'll live and eat and be overall fine. Just kinda sucks is all.
                                          ~

                                            Comment

                                            • LeeNoga
                                              Confirmed User
                                              • Jul 2001
                                              • 3043
                                              #12
                                              I feel your pain

                                                Comment

                                                • rickholio
                                                  Confirmed User
                                                  • Jan 2004
                                                  • 1914
                                                  #13
                                                  Originally posted by LegendaryLars
                                                  thanks i only been in since nov though so i missed half the move so far

                                                  but I have a LOT in them
                                                  According to that graph, it looks like they've both gone up 20%+ since november... an 80%+ annualized return on investment ain't fucking bad!
                                                  ~

                                                    Comment

                                                    • Xenophage
                                                      Registered User
                                                      • Oct 2001
                                                      • 12122
                                                      #14
                                                      Hahhahha I am haveing a very good year so far !

                                                        Comment

                                                        • Manowar
                                                          jellyfish  
                                                          • Dec 2003
                                                          • 71528
                                                          #15
                                                          Ouch. God damn

                                                            Comment

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