2004 1 euro = ? USD ( Place your bets please)
 

Opinions ?

Russians saying that usd will fall again and again and it will be like 1 euro = 1.3 USD . I dont like it at all.

Experts opinion: " .. it will be like 1.5 USD for 1 EU .."

Place your bets :)

sorry for my bad english

:321GFY

100:140
:)

$1.50 = 1 Euro

This country is spiraling out of control with government handouts. The founding fathers are turning in their graves. Spend. Spend. Spend. I thought the democrats were tax and spend, the GOP are outshining them lately.

Let me clarify by saying that the Euro is only increasing simply because the US is sucking, not because the EuroZone is any better. They have much different issues than the US, that will long term destroy them as well.

The question you should have asked was, "What will gold be at by the end of 2004".

Hoping for it to straighten out and become equal, as it have reduced the earnings for many european webmasters that the dollar have been so low.. but looks like its heading for 1.5$ = 1 euro... :(

The dollar is going to recover. It always does. The only question is whether you've exploited it's current weakness by investing in US stocks (see recent Dow rally).:thumbsup

You are not looking at the fundamental reasons for its decline. Any meaningless gains in the US markets was trumped by the fact the money you have sitting there is losing more value each day. I will take my 30%+ gains in my Euros over short lived gains in the DOW. Still time to make much more, or lose less, depending on the way you view dumping the US dollar.

any official articles?

please add links

Official links... to?

www.kitco.com/market/
www.oanda.com/fxtrade/

Any news outlet not based in the US.

Yes, and they were proven wrong, again. I find it difficult to get clear, unbiased opinions from US bankers. They are too prejudiced with nationalist pride. It is difficult for them to admit, the country they love is fucking themselves dry in the ass.

My favorite quote from the article:

"Bob Sinche, the head of the Citigroup currency strategy supposes that the euro-to-dollar rate will drop to the ratio of 1.1000 until the end of the year."

The above comment made on 7/12/2003. He was wrong. Always make note of people like that, I religiously will watch for more comments and go completely against their advice. These are the same reasons book makers love the home town crowd, instead of making a logical bet on the performance of a team, they dump big dollars because it is the home team.

I was born and raised in New England, my home teams sucked (still suck mostly), I got over home town cheerleading a long time again.

Any moron who relies on analysts is just that... a moron. These fuckwits are responsible for the dotcom boom and bust. Henry Blodgett can go fuck himself!

at the rate it's going, I'd expect:

1 USD = 1 Italian Lira = 1 Indonesian Rupiah = 1 Vietnamese Dong

Hey don't insult the Dong! The Dong atleast has the backing of a government that is not pissing away it's entire future.

That' stretching it... the US economy blows away Italy, Indonesia, and Vietnam. The dollar will stabilize. Happiness will once again rain on those that worship the mighty green BLING BLING

Italian lira does not exist anymore, it's all EUROOOO!!!!!

Uh, isn't it better for the USD to be lower for Americans?

jDoG

Exactly. Exports, baby! Less jobs going overseas!

uh. that's silly. If you took nearly any major currency converted to USD and bought US stocks, you'd be way behind if you just held it in your local currency and bought local stocks.

Well at least that holds for most eurozone markets, australia, new zealand, japan and probably canada.

good for exporters. In the long run it's not good for the country. Money is supposed to store value, if the dollar decreases this will lead to inflation.. The question is when, with gold (an inflation hedge) rallying are some signs inflation may be coming, questions is how far away is it.

Hey man I love the Dong.. nothing like carrying 50 Million of em in your backpack around Vietnam knowing you can buy anything you want :1orglaugh