Will the Dollar continue getting stronger?
 

Looks like after the Katrina, the dollar is going back to normal

What do you think will happen?

Is it a good idea to sell euros and buy dollars?


http://img392.imageshack.us/img392/7071/euro5ht.jpg

I am not sure about it... Here is still Euro stronger than Dollar
The rate is: 1:1.23 (EUR:USD)

Correct. And I dont think it willl change anytime soon.

The CAD is making me cry lately...

Katrina -> Imports up in the US -> US needs to buy goods from outside -> Needs to exchange USD to other currency to do so -> USD will drop even more in the long run because of this

Do not see how Katrina will help... but I am not really good at Macro-Economy so I might have misunderstood something...

No experts here? :(

dunno where the hell you got that graph but dollar took another hit downwards since Katrina. DOLLAR KEEPS GETTING WEAKER NOT STRONGER. Use common sense Katrina hurt U.S. economy not help it.

hope it gets stronger, that gives me more money here :)

If you check August 31, you will see the Euro went from 1.22 dollars per Euro to 1.25 D. per E., wich makes the dollar weaker...

Now, I was talking about the last 4 days...

From September 5th until today, the dollar started getting stronger again.

from 1.25 dollars per Euro to 1.24 and falling, wich makes the dollar stronger. :)

I think it will return back to normal and become stronger :)

You must have just started following these charts because the pair can easily move a cent in either direction hundreds of times a month and is by no means a trend yet.

No way. There is no reason

it will gte a little stronger... until Osama hits again....

I don't think it is good idea to sell euro... This is the worthest thing you can own these days... ;)

The dollar at it's hight got 40 Czech Krowns, it was normally 35.

Today it's 23 and alawyes hovers around 22 to 24.

If you call that getting stronger then good for you.

I am comparing Euros and Dollars...

It has gone to the shitter. :( Hovering at 1.15..

How do you figure? DO you think we're going to contract out jobs to Japanese construction companies?
We are going to keep that money internally, it's not going to take chinese sement to rebuild those roads/homes. It won't require Argentinian wood, we're going to make more money and jobs because of this disaster

Cleaning duties and construction jobs will be all over the web and newspapers

sigh.... i remember when it was .98 euros to 1 dollar

The dollar long term is fucked.

I have been long anything but the dollar since 2000. Ride these little ups and downs, the big gains are coming.

If you feel it is unpatriotic, then buy silver or gold.

Check out the Asian currencies and the NZD AUD. The euro is rising merely because it sucks less than the dollar. The NZD and AUD pay a great interest rate, but be watchful of upcoming cuts.

I'm guessing that's a sarcasm? either that or you're a die-hard repub :1orglaugh

The US economy is waiting for its final blow that puts it out of its misery.

Shit will get nasty.