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Bets? I think it will go all the way up to 1.45 and then gradually roll back.
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Seriously.... prob a stable 1.50 by the end of next year (that's allowing some leeway) and.... crystal ball time, depends on the US, but overall, suspect there will be a decline in the dollar value for up to ten years yet. Prob the core problem is going to be with, not only the US, but other western industrialized countries - and a lack of anything to offer on the international market which can compete with the growing economy in Asia. |
The dollars has been a 'world' currency for more then a century, but those days are over now FOREVER.
I'm not really sure if that's a good or a bad thing though... |
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Mmmm... it would prob have been a good thing generally if there was a chance of stability - suspect now the next load of bullshit will be based on the Euro. There are dangers in a "transitional phase" if this is done too quickly tho... |
4 years ago it was almost equal...
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It is not even funny, in Romania USD devaluated with 4% in 2 weeks. Lower value for USD means 2 things:
1. USA will not be able to invest outside the border to keep their products on par with EU 2. EU companies will buy the US companies - which means that US citizens will be 'slaves' for the EU citizens. Anyway, USA is fucked - big time. If the USD falls 10% more (which I really fear that may happen the next weeks) then goverments will start selling USD. If they sell, then USA defaults and then there is going to be war (I am not kidding here). So pray that USD does not fall more - the truth is that no one wants war and no one wants the USD to go down... Egomancer |
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Currencies like the Euro are forecast to rise "naturally" by another 5% by the year end - nothing to do with the dollar, - but that will obviously put more pressure on the dollar. China is a major player in this - they are very slowly dumping dollars but plenty more to go. The current value of the dollar is not gonna please em. Interesting attitude they have with the US - there was a car trading deal recently - the US put.. think 2% import tax on Chinese imported vehicles and China slapped 25% on US car imports - that's kinda confident :winkwink: They don't give a shit. |
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Fat difference the fantasy world on US share earning time made today - Euro 1.36 and GBP 2.004. |
1.38......
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God i cant believe i was so pissed already when it hit 1.30. 1.30 would be awesome right now. This is just insane. The dollar loses more value than money in most 3rd world countries.
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that is craziiii
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long live USA .. I guess the path US have chosen will lead it to 1 EUR = 2 USD |
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this isnt fair. the usa is much larger than europe is. so travel from the east to west coast is almost like traveling across 4 countries. and granted, traveling within the usa to other parts is at times like visiting another country |
Dolar has depreciated against our currency (CZK) around 32% in past 4 years, while prices of everything almost doubled, eg. 4 years ago, I could buy a 2 beers in restaurant for a dollar, now I would be lucky to buy just one for a dollar or 1km of taxi ride costed here less then 0.70 cents, now it costs around 1.50 usd.
I was a king here with my adult income 4 years ago, now together with my laziness I am slowly going to the average income (which has significantly increased) I only hope that the probable rat cut is already counted in current value of dollar |
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The $ went down for the last years and it is bad for all of us. I guess we are into the same shit :(
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not really .. all the money I make is in euro's so if I go to the states I can get everything like REAL cheap the low dollar is good for tourism and export . . |
You and me both, Franck. I live in the Philippines. The exchange rate to the dollar dropped from 56 to as low as 45.7 to 1 USD. I share your pain.
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All international webmasters will be totaly fucked.I just take a look howmuch dollar was worth before 7 years.Then for one dollar you could get 7.6 HRK , now you can get only poor 5.4 HRK.
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euro rocks :thumbsup
usd sucks ask Bush why? (it's only in last 4 years) |
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This is bad news for affliates in the UK When you get programs say they are paying $40 per sign up, The GB webmasters only end up with £19 per sign up which is just nothing, This is not good at all and I wonder if it is worth signing up to afflaite programs who only pay out in USD.:(
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God dayum
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I think the dollar will rebound when we go through the recession.
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http://www.iht.com/articles/2007/09/13/news/econ.php
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1.40 .
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1usd = 1cad
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1.40474...
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1.42 , I guess everyone wish now, it was only 1.30...dollar is in free fall in last few days.
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Guess European people just have to get some of their earnings in Euros and keep the USD in a USD bank account for a crapload of years hoping for better days...
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update
1.45 |
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