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.
Topic: EUR might drop below USD - page 11. (Read 33632 times)
US will be raising interest rates this next year because its economy is doing so well, they don't have any new stimulus planned and no new money being printed gives people the impression that our currency is stable. Because of this, people will think the US dollar is more stable than the Euro which is why the dollar is gaining value over the Euro.
EUR/USD Forecast Mar. 23-27
http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/
http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/
Shocking news: A bank in Spain named "Banco Madrid" has suspended any withdrawal of money of all deposits. Can anyone in there confirm?
hi, I am from Spain, but we don't have more information than you. The only new I can give you is that huge amounts of money were withdrawn before this, because some people had good information.
One more reason to use bitcoin.
Shocking news: A bank in Spain named "Banco Madrid" has suspended any withdrawal of money of all deposits. Can anyone in there confirm?
hi, I am from Spain, but we don't have more information than you. The only new I can give you is that huge amounts of money were withdrawn before this, because some people had good information.
One more reason to use bitcoin.
funny that they call it FIAT money and banks are supposed to be trustworthier than Bitcoin
I have NEVER heard of a Bitcoin wallet's ability to withdraw, being restricted
the deposit protection schemes are way to small to protect everybodys account and when the shit hits the fan, the only question is: WILL THERE BE ENOUGH LIQUIDITY LEFT TO DRIVE BTC TO THA MOON?
I have NEVER heard of a Bitcoin wallet's ability to withdraw, being restricted
the deposit protection schemes are way to small to protect everybodys account and when the shit hits the fan, the only question is: WILL THERE BE ENOUGH LIQUIDITY LEFT TO DRIVE BTC TO THA MOON?
Shocking news: A bank in Spain named "Banco Madrid" has suspended any withdrawal of money of all deposits. Can anyone in there confirm?
hi, I am from Spain, but we don't have more information than you. The only new I can give you is that huge amounts of money were withdrawn before this, because some people had good information.
One more reason to use bitcoin.
I think if it really goes down to 0.85 USD per EUR (as Deutsche Bank suggests) the Fed will push the Dollar back to ~1.2.
Right now we see a strong correction unfolding. The Euro rose back to 1.08 (from as low as 1.04). Gold has also heavily fought back, gaining almost 2% today, putting to shame a lot of naysayers around here, though none of them had been able to support their position on gold going further down...
I think if it really goes down to 0.85 USD per EUR (as Deutsche Bank suggests) the Fed will push the Dollar back to ~1.2.
Shocking news: A bank in Spain named "Banco Madrid" has suspended any withdrawal of money of all deposits. Can anyone in there confirm?
Google's your friend
http://www.reuters.com/article/2015/03/16/us-bpa-bancomadrid-idUSKBN0MC0NK20150316Looks like a cold comfort to ordinary Europeans. Now we see complaints about the euro having been too strong, I think in a short time span we will also see complaints about the euro being too weak. When you don't know where to go, no wind blows in the right direction.
Ordinary Europeans may see the cost of some imported goods increase, but the loss of purchasing power of the Euro due to QE will be gradual. If the economy pics up due to QE, they might not be disappointed after all.
This is a big if. So far we saw that the money primarily went to financial markets which had been making new highs on "steroids". How much of the new money will enter real economy remains to be seen. Inflation (and the subsequent rise in prices) is always disappointing, even despite the fact that it lowers unemployment.
Looks like a cold comfort to ordinary Europeans. Now we see complaints about the euro having been too strong, I think in a short time span we will also see complaints about the euro being too weak. When you don't know where to go, no wind blows in the right direction.
Ordinary Europeans may see the cost of some imported goods increase, but the loss of purchasing power of the Euro due to QE will be gradual. If the economy pics up due to QE, they might not be disappointed after all.
Shocking news: A bank in Spain named "Banco Madrid" has suspended any withdrawal of money of all deposits. Can anyone in there confirm?
Google's your friend
http://www.reuters.com/article/2015/03/16/us-bpa-bancomadrid-idUSKBN0MC0NK20150316
I was always strong in belief that USD will never be = or > EUR, but recent news only prooved me wrong much more.
Although i still don't believe it will surpass it by much, it is now obvious that it will at least even out with it.
Good news for people like me with big credit loans tied to EUR, because the more EUR falls, the less i have to deposit to bank each month.
cheers
Although i still don't believe it will surpass it by much, it is now obvious that it will at least even out with it.
Good news for people like me with big credit loans tied to EUR, because the more EUR falls, the less i have to deposit to bank each month.
cheers
In this year Greece will leave EU and it will go back up, now the EU's central bank supporst ecenomy of states of eurozone so...
Shocking news: A bank in Spain named "Banco Madrid" has suspended any withdrawal of money of all deposits. Can anyone in there confirm?
Google's your friend
http://www.reuters.com/article/2015/03/16/us-bpa-bancomadrid-idUSKBN0MC0NK20150316
Shocking news: A bank in Spain named "Banco Madrid" has suspended any withdrawal of money of all deposits. Can anyone in there confirm?
It's still at 1.05, but it might go below USD this week
EUR go down to hell. I told you it was possible.
There seem to be some benefits of the weakening Euro. May be quantitative easing is effective after all.
Weak euro to help European companies, force U.S. rivals to adapt
http://www.reuters.com/article/2015/03/13/us-euro-companies-idUSKBN0M91X120150313
The euro's slide toward parity with the dollar will provide a much-needed boost for European companies this year and force U.S. rivals to adapt their businesses or risk losing market share.
While currency hedging arrangements mean the benefits may not be seen straight away, the currency's weakness has already cheered European chief executives by making their products cheaper overseas and lifting the value of dollar-based sales.
“We have been handicapped by the strength of the euro, but now it seems that the wind is turning and we intend to make the most of this very positive currency effect that will help us deliver a nice increase of our sales and our profits in 2015,” Jean-Paul Agon, CEO of French cosmetics group L'Oreal (OREP.PA) told investors last month.
Weak euro to help European companies, force U.S. rivals to adapt
http://www.reuters.com/article/2015/03/13/us-euro-companies-idUSKBN0M91X120150313
The euro's slide toward parity with the dollar will provide a much-needed boost for European companies this year and force U.S. rivals to adapt their businesses or risk losing market share.
While currency hedging arrangements mean the benefits may not be seen straight away, the currency's weakness has already cheered European chief executives by making their products cheaper overseas and lifting the value of dollar-based sales.
“We have been handicapped by the strength of the euro, but now it seems that the wind is turning and we intend to make the most of this very positive currency effect that will help us deliver a nice increase of our sales and our profits in 2015,” Jean-Paul Agon, CEO of French cosmetics group L'Oreal (OREP.PA) told investors last month.
Looks like a cold comfort to ordinary Europeans. Now we see complaints about the euro having been too strong, I think in a short time span we will also see complaints about the euro being too weak. When you don't know where to go, no wind blows in the right direction.
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