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Old 11-05-2004, 11:16 PM   #1
Paul Markham
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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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Old 11-05-2004, 11:26 PM   #2
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Mmmm, this shit is NO fun.

Swedish Krona -> USD
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Old 11-05-2004, 11:27 PM   #3
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USD vs. NOK



Oh well.
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Old 11-05-2004, 11:27 PM   #4
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And the Euro one....


Last edited by swedguy; 11-05-2004 at 11:29 PM..
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Old 11-05-2004, 11:31 PM   #5
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The dollar has dropped like a bomb since the election. I should have kept my short positions for another week
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Old 11-05-2004, 11:33 PM   #6
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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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Old 11-05-2004, 11:34 PM   #7
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Canadian dollar is going to be worth as much as the US if this continues much longer:

0.835108
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Old 11-05-2004, 11:37 PM   #8
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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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Old 11-05-2004, 11:37 PM   #9
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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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Old 11-05-2004, 11:40 PM   #10
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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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Old 11-05-2004, 11:49 PM   #11
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This is brutal. What's the longterm forecast? Is it just going to keep going lower and lower over the next few years?
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Old 11-05-2004, 11:50 PM   #12
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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.
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Old 11-06-2004, 12:07 AM   #13
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Old 11-06-2004, 12:09 AM   #14
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if you have foreign curency nmow is the time to buy US real estate.. its at 30-50% discout from the last few years
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Old 11-06-2004, 12:18 AM   #15
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Quote:
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.

Quote:
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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Old 11-06-2004, 12:20 AM   #16
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Old 11-06-2004, 12:35 AM   #17
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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.
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Old 11-06-2004, 02:50 AM   #18
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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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Old 11-06-2004, 03:20 AM   #19
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damn. what else to say, we're losing money here people
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Old 11-06-2004, 03:28 AM   #20
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damn. what else to say, we're losing money here people
try being short 2 Dec '04 contracts... LOL
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Old 11-06-2004, 03:45 AM   #21
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"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,"
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Old 11-06-2004, 05:28 AM   #22
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"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,"
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