Weaker euro is good for the export but you guys forget the other side of the medal.
imports are going to get proportionaly more expensive.
Topic: EUR might drop below USD - page 10. (Read 33651 times)
I remember back in the day there were massive piles of short trades closing near 1.20, splattered in and around there. I suspected that in Q1 of 2015 we'll see a big squeeze with a lot of retail traders in the mix not expecting it. That being said, after the pull back, I presumed we'll see EUR/USD bread below that 1.20 price point because the situation in Europe is not pretty and if they announce QE which is a huge devalue to the Euro all you can say is TIMBERRRRR lol, and I guess I was right. We'll see how it goes Q2.
Yeah I think we will squeeze here for a while mantaining a slight bias for down but gathering strenght for a push on the upside while the DXY is weakening.
EUR/USD Forecast Mar. 30 – Apr. 3
http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/
http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/
European manufacturers are happy with the falling value of the single currency, which allows them to export their goods more easily. But the mood is tempered by the threat of deflation, particularly harmful to indebted countries, and increasingly a worry for the ECB.
Potential Greek exit would destroy the entire Eurozone.
Greece only makes up for ~3.4% of the Eurozone.
For Americans: It's like New Jersey leaving the Federal Reserve System. Would it hurt? Yes. Would it destroy the system? Nope.
It may not destroy the system at once, but it can well be the first step toward destruction and mark a beginning of the meltdown. When something happens for the first time, you may well expect things to continue on this route further on...
Especially that public sentiments about Euro are getting worse and worse, also in fully developed countries.
Potential Greek exit would destroy the entire Eurozone.
Greece only makes up for ~3.4% of the Eurozone.
For Americans: It's like New Jersey leaving the Federal Reserve System. Would it hurt? Yes. Would it destroy the system? Nope.
It may not destroy the system at once, but it can well be the first step toward destruction and mark a beginning of the meltdown. When something happens for the first time, you may expect things to continue on this route further on...
Potential Greek exit would destroy the entire Eurozone.
Greece only makes up for ~3.4% of the Eurozone.
For Americans: It's like New Jersey leaving the Federal Reserve System. Would it hurt? Yes. Would it destroy the system? Nope.
The problem is not 3.4% of the GDP of Eurozone being removed.
The problem is the chaos associated with a disorderly exit. Everything is interlinked and I am sure a 'contagion' is on everybody's minds.
Potential Greek exit would destroy the entire Eurozone.
Greece only makes up for ~3.4% of the Eurozone.
For Americans: It's like New Jersey leaving the Federal Reserve System. Would it hurt? Yes. Would it destroy the system? Nope.
EU can go down below US. With this Junkers plan and ongoing problems inside EMU, things are not looking good.
Potential Greek exit would destroy the entire Eurozone.
Potential Greek exit would destroy the entire Eurozone.
There is no written procedure for exiting EU though...
there is, but its sooooooooo complicated that no one even tries. you need agreement with each and every state, lots of papers and protocols etc and you can never come back.
What would happen if the FED actually raise the interest rates: will the USD/EUR drop under 1.20, or, because there is nothing to speculate anymore, will the USD/EUR rise again? Isn't the FED going to adjust its decision according to the USD/EUR rate, to avoid a "too strong" USD that would negatively influence the export?
Now, Greece is the only country with problems. The rest of countries have lower bond rates Than USA.
Ten year yield rates (as of Feb-2015)
Greece: 7.7%
Cyprus: 6.0%
Portugal: 4.9%
Italy: 3.7%
Spain: 3.6%
http://www.ecb.europa.eu/stats/money/long/html/index.en.html
Compare this with the US, which has less than 2%.
Is it possible that EUR might drop below USD in 2015? Syriza & ECB QE program
pushing price even lower against USD or do you think euro is at it's bottom right now
and is going to rise soon?
Discussion.
This is entirely possible since it is already so close to the US value.
If another Euro country asks for a bailout again this year, it is sure to happen.
Now, Greece is the only country with problems. The rest of countries have lower bond rates Than USA.
A lot of the south European countries if not all of them are struggling to pay their debts. Lots of them have big problems and we will see it unfold in the following months.
In a deflationary pressure, dollar value can go up the roof.
Is it possible that EUR might drop below USD in 2015? Syriza & ECB QE program
pushing price even lower against USD or do you think euro is at it's bottom right now
and is going to rise soon?
Discussion.
This is entirely possible since it is already so close to the US value.
If another Euro country asks for a bailout again this year, it is sure to happen.
Now, Greece is the only country with problems. The rest of countries have lower bond rates Than USA.
Is it possible that EUR might drop below USD in 2015? Syriza & ECB QE program
pushing price even lower against USD or do you think euro is at it's bottom right now
and is going to rise soon?
Discussion.
This is entirely possible since it is already so close to the US value.
If another Euro country asks for a bailout again this year, it is sure to happen.
Now it's 1.09 USD again. I wonder if it goes up again or lower.
It's pure shit seeing your currency get worth less and less.
And it will only gets worse if they keep feeding Greece billions of our money for nothing.
And it will only gets worse if they keep feeding Greece billions of our money for nothing.
It's pure shit seeing your currency get worth less and less.
And it will only gets worse if they keep feeding Greece billions of our money for nothing.
And it will only gets worse if they keep feeding Greece billions of our money for nothing.
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It's pure shit seeing your currency get worth less and less.
And it will only gets worse if they keep feeding Greece billions of our money for nothing.
And it will only gets worse if they keep feeding Greece billions of our money for nothing.
it's also bad if your are planning to convert them to usd, and you come from btc-->euro trading, you will end up losing money
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