I live in the US, how do I buy Euros?
 

I give up. White trash redneck america has ruined this country by electing people that remind them of themselves. The only republicans worth a fuck are the CONSERVATIVE ones and they aren't popular these days.

I live in the US, I am a US citizen, I have no contacts outside of the US. How Do I get Euros ?

I saw 1 person say you can pass it back and forth in epassporte but the fees would be huge. I want to put about $50,000 USD in euros.

Stock ticker FXE is a trust that holds only Euros. That's one way.
http://finance.yahoo.com/q/bc?s=FXE&...=on&z=m&q=l&c=

go to the bank ... get a foreign currency account ...


ps: why do you hate amerika ?







/jk :1orglaugh

you don't - as simple as that, teh US dollar will fall just a bit more but it is expected that it will start gaining ground as early as the second half of this year

but if you still want to do it - ask your bank

Hit the airport. But be careful asking for that much in an exchange.

I am really not sure if that's a good idea.

I don't think the USD will fall much more.

Stupid advice dude. If you're unsure of the economy don't give people advice on what to do with 50,000.

The airport exchange "booths" have atrocious rates.

http://www.bnpparibas.us/en/home/default.asp


dont use change counters ... that is for tourists .... :1orglaugh

I have some for you

lol

and you're an expert?

All the signs show the opposite of what you're saying. What do you think a .75% cut does to a currency that now only has a 2.25% interest rate? Compare this currency to a domain that gets a Google ban - the yield is almost zero, and trust in it going to be yielding more or even stabilising is absent as well.

Certainly not, but I have common sense. That dictates what everyone who IS an expert is saying: Which is the US dollar is going to sink more against other currencies.

I'll bump this when I am right in a few weeks.

so what you're predicting? 1.70 vs ?? more?

well we don't know what's the goal of this investment, long term, mid term, or short term.

but still, I hardly see a reason for someone living in the US and earning in the $US to invest in Euro.

also, you say the dollar will sink against all other major currencies, so why buy exactly Euro? Because all the Europeans here bitch the loudest about the dollar getting weaker and weaker?

In past 4 years or so there have been currencies that appreciated even stronger than ? against the USD. That would be the currencies of the new EU members, like Poland or Czech Republique (I think). I guess a wise decision could be investing in the currencies of the even newer EU countries. Their GDP grows much faster than of the "old Europe" and history has shown that all countries which are going to implement EURO, appreciate against it.

anyway, I see no real reason for an American to invest in EUR, I bet there must be some better investments available.

Also, remember the exchange fees. If he wants to change $50k USD into EUR where the current rate is 1.56, hoping it will fall to 1.65 or so in the couple next weeks, then not sure if that's such a good idea.

if he thinks that in a few months perspective, the rate will go towards 1.80 or so, then it might make sense, but I honestly doubt it will be the case.

I don't expect the rate at the end of the year to be significantly worse (for the dollar) vs EUR than it is now. Obviously I am not an exert and no one here is. I guess someone needs to bump this thread in December and we will see who was right.

3 months are gone and BradM didn't bump this thread yet :glugglug

as you can see, the rate was 1.56 when the thread was started, and the Euro reached it's peak at $1.5940 on April 23th.

Right now, the rate is 1.53339 ( http://www.xe.com )

I hope Kard63 didn't exchange his $50k for Euros.

Why do you think the Federal Reserve lowered the interest rate? By changing interest rates, the Fed tries to achieve maximum employment, stable prices and a good level growth. As interest rates drop, consumer spending increases, and this in turn stimulates economic growth. They try to fight the recession.
Economists at Merrill Lynch and Morgan Stanley say the U.S. is heading for its first-blown recession in 16 years, and a recent CNN poll found that 57 percent of the public believe the U.S. is in a recession already, with the economy topping the list of voter's worries.

In my opinion the dollar will get even weaker. Especially if McCain gets elected for president. With Obama there might be a short upswing but in the long run over the next 12 months it will go down.

50k would require a doc that says where you wanna put it and what you wanna do with it and where the source of that 50k is coming from - just fyi

but yes any bank will do the trick

Go to the bank!

1.49 now

polish_aristocrat > international experts

bump for BradM ;)

Even retards can flip a coin pick heads and be right half the time, Polish. So.. uh... Congratulations? :1orglaugh

Still lower than epass. Fucking crooks

oh yeah now you're joking

but you were quite serious when you were saying that you believe the USD can only go down

ah, whatever

Funny, I have USD account at my European bank ;)

don't worry it will be 1,7 pln in one year ......;-)

Glad I never made the move ;)

I like poo :)

Just goto your bank and order Euros. For US$ 50k worth they will have to order them for you and it will take a few days if you are in a major city.

1.46951 today

:thumbsup

1.43636.....

against other currencies i think the euro will continue to fall. so the euro to USD ratio wont grow as much as it will with other currencies.

my bank says the rate today is $1.46 to €1 which is about 8% better then it was 3-4 months ago.

Wow. There are some serious retards in this thread.

You call a travel agencies. A lot of banks do not have, or do, exchanges other than Canada and Mexico.

I ran into this when EU surfer/customers were sending me Euros to pay for memberships. I called all the banks, and none did more than I said above, and even that was at their main branch.

I was referred to a travel agency, and they cashed me out. For a fee of course.

does not knowing something as this mean you're a retard?

So do I. have both the Peso and Dollar actually, and the dollar JUMPED big against it the other day.

just go to the bank, open foreign currency account, tell them you want to buy amount X of euros and to deposit them to that account...

really no big deal...
just check bank exchange rates before you go over the phone or web...

if you want it in cash (especially bigger amount) most probably you'll have to give them 48hrs to prepare the funds for you (if you are going to the smaller branch)

1.25 now

damn, not even I expected it to be that good