Bets? I think it will go all the way up to 1.45 and then gradually roll back.
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Na... joking on the $10 rate....
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.XXX TLD's - Another mosquito to swat.Comment
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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...Comment
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"World currency?" Hell... never used dollars till living in Fla. Forever is prob the keyword there - can't see that changing and magically reversing it's tend - smell that day is over, but will still be valid to a degree on the international market.
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...XXX TLD's - Another mosquito to swat.Comment
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4 years ago it was almost equal...Comment
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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...
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Na
... not that bad man and no war - who cares enough? The US is not likely to "default" as such - if anything it will take longer to happen (always does with a screwed corp - the "management" live in lala land while they hope to limit the damage and rise from the ashes), - prob a gradual continuation of the trend over the last few years.
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 They don't give a shit.
XXX TLD's - Another mosquito to swat.Comment
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1.38......I don't use ICQ anymore.Comment
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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.Comment
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that is craziiiiCompound interest.Comment
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I can resist everything except temptationComment
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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 dollarComment
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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
Bogat mama ala cu loturi de traficComment
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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.Comment
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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.Comment
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euro rocks
usd sucks
ask Bush why?
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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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I think the dollar will rebound when we go through the recession.Comment
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http://www.iht.com/articles/2007/09/13/news/econ.php
and.."This is all pointing to a greatly increased risk of a fast unwinding of the U.S. current account deficit and a serious decline of the dollar," said Kenneth Rogoff, a former chief economist at the International Monetary Fund and an expert on exchange rates. "We could finally see the big kahuna hit."
While most economists just a few months ago would have dismissed the prospect of a dollar collapse outright, they now are debating the possibility that something on par with the dollar debacle of the 1970s might just happen again.I like cookies.Comment
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1.40 .Comment
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1usd = 1cadI like cookies.Comment
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1.40474...I don't use ICQ anymore.Comment
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Saudi Arabia has refused to cut interest rates in lockstep with the US Federal Reserve for the first time, signalling that the oil-rich Gulf kingdom is preparing to break the dollar currency peg in a move that risks setting off a stampede out of the dollar across the Middle East.http://www.telegraph.co.uk/money/mai...cnsaudi119.xml"They were willing to provide the money when rates were paying nicely, but why bear the risk in these dramatically changed circumstances? We think that a fall in dollar to $1.50 against the euro is not out of the question at all by the first quarter of 2008," he said.I like cookies.Comment
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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.Comment
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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...Comment
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update
1.45Comment
They just keep printing more and moving bullion to China - it's called a "monetary policy" *lol* 
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