The dollar compared to most other currency's is losing ground pretty good last couple of weeks. Horrible GDP 1st quarter growth of 0.1%. The bullshit non farm payroll at 288,000 "new jobs" last Friday for April barely made a dent and most of the gain after the reports were retraced right back in a hour or so. Then today Fed. chairman Yellen offered no help or insight at all on possible inflation numbers and interest rates. Any stable currency paired against the USD is actually a good bet for profits.
The dollar compared to most other currency's is losing ground pretty good last couple of weeks. Horrible GDP 1st quarter growth of 0.1%. The bullshit non farm payroll at 288,000 "new jobs" last Friday for April barely made a dent and most of the gain after the reports were retraced right back in a hour or so. Then today Fed. chairman Yellen offered no help or insight at all on possible inflation numbers and interest rates. Any stable currency paired against the USD is actually a good bet for profits.
nothing is forever, just wait a few months
Plus, I bet that US is very happy so have such "weak" currency now
Seems our Yellen is taking the style of Draghi lol. Last 2 days she has been testifying in front of Joint Economic Committee with Q&A afterwords. She's done nothing but repeat the same shit over and over without shedding any insight on inflation-interest rate decision upcoming or anything
Come on, USD! Grow, GROW! With that I have in my USD account, transferring it to my EUR account at the right time before it drops again, I can make hundres. Go, USD! GO!
Well everyone deliberately crashing value of their currency to help export except EU,with them it's always big no no for some obscure reasons.
Because they respect their citizens who have Euros saved? The US and Japan are trying to fuck anyone with their currency as the Govt's owe so much of it.
So if you where getting ~$30/PPS, you would now get 21.6 EURO/PPS instead.
How does this benefit you?
It will benefit me, because I am within EU and USD changes daily. Sometimes it gets very low and I lose money this way. At the same time EUR exchange rate to my country's currency DOES NOT CHANGE.Having this said, I like the fucking USD only when they are A LOT and only when USD/EUR rate is good. Else, fuck USD... Seriously.
Is not enough that people want to pay always less, dollar got so shitty even paypal has to fuck you over more with exchange .. I really think is time for me to start charging in €..
Is not enough that people want to pay always less, dollar got so shitty even paypal has to fuck you over more with exchange .. I really think is time for me to start charging in ?..
Comment