Sort of strange as the EU stock markets are down twice as much at closing time as the US markets are down % wise this morning.
There may be just a panic to cash positions? Not sure.
The fundamentals are good in the EU this quarter.
if the yuan is weaker, it means that europe will be less competitive.
Also the stock exchanges are ok, because europe spend a lot of money, while the debts in Europe are already high.
it will stay in 1,3 in next months and wont go up.....
i'm not sure
the price of oil is low, so the inflation will be low, but according to european regulation, the inflation HAS to be 2%.
The prices of chinese goods will decrease, so the euro has to be weaker according to the current european policy.
If everything stays like that we will have a deflation.
This is a new situation for me.
for all those who from europe we receive some money in dollars because of job this is very bad, in a few days I've seen I will have less money if the situation doesn't improve
until a few days ago 1'08 was an acceptable change, today 1.16 ( and going up the euro every day ) is unbearable and I will rethink reject some production work as cameraman if don't go up budgets.
if 1,16 is unacceptable then maybe you should reinvent you business ?
Originally posted by RR Productions
for all those who from europe we receive some money in dollars because of job this is very bad, in a few days I've seen I will have less money if the situation doesn't improve
until a few days ago 1'08 was an acceptable change, today 1.16 ( and going up the euro every day ) is unbearable and I will rethink reject some production work as cameraman if don't go up budgets.
A year ago the dollar was at about .75 euros according to xe.com and since then it's gone up to .90 euros and is currently at .85
Dollar is UP
Whoops, how did I read that wrong, over the last few days it is indeed down, but in the last year it's up
Well, overall - the dollar rate is OK.
Even now with 1 USD = 6.33 HRK is great, considering that I remember years ago when it was down to measly 4.30 HRK per dollar or so.
But still, at one point it got to 0.9 as you said it, hence it feels crappy to see it go down
for all those who from europe we receive some money in dollars because of job this is very bad, in a few days I've seen I will have less money if the situation doesn't improve
until a few days ago 1'08 was an acceptable change, today 1.16 ( and going up the euro every day ) is unbearable and I will rethink reject some production work as cameraman if don't go up budgets.
You must be new, i remember 1.60, THAT was bad....
1 YEAR, 2 YEARS, 5 YEARS, 10 YEARS, DOLLAR IS HIGHER RIGHT NOW THAN IT EVER HAS BEEN TO EURO OTHER THAN A FEW CENTS LESS RIGHT NOW IN THE PAST FEW DAYS
yah 1.60 during the crisis back in 2008-2009 ,
1.10 was paradise, its not standard situation , there is potential for anything between 1.25-1.40 beeing standard even in 2014
1 YEAR, 2 YEARS, 5 YEARS, 10 YEARS, DOLLAR IS HIGHER RIGHT NOW THAN IT EVER HAS BEEN TO EURO OTHER THAN A FEW CENTS LESS RIGHT NOW IN THE PAST FEW DAYS
I play quite a lot with currencies and I predict that dollar will stay at 1.14 - 1.17 max till end of the year then will rise up again to 1,05 - 1,08 range by early 2016. So old up your coins if you can.
If you are discussing about somewhat serious amounts, then futures or warrants as a insurance might be a good option. You know; locking your exchange rate in place for the price of the future/ warrant. But it doesn't mean that you can get outstanding exchange rate by doing that, it is just insurance against price fluctuation.
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