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Topic: EUR might drop below USD - page 13. (Read 33651 times)

legendary
Activity: 3248
Merit: 1070
March 12, 2015, 12:12:23 PM
it's the euro that is dropping not the usd that is rising(or bot), i didn't follow to much, i'm right?

if it's the first, i'm no suprising, seeing the bad euro position that there is right now
hero member
Activity: 742
Merit: 526
March 12, 2015, 12:03:07 PM
Can't believe EUR is actually at 1.05x USD. Experts predict it will fall down to 0.85 USD in the near future.

The U.S. tried to attack Russia through Ukraine in an effort to start a full-fledged war between these two countries and profit by this (as they always did in the past). But the U.S. miscalculated (just like Hitler and other "peace-keepers" before him) and failed miserably at this point in space and time. Now it seems that they have no other option left but devastate Europe instead, desperately trying to postpone their own collapse.
newbie
Activity: 50
Merit: 0
March 12, 2015, 11:04:25 AM
Can't believe EUR is actually at 1.05x USD. Experts predict it will fall down to 0.85 USD in the near future.
legendary
Activity: 1358
Merit: 1014
March 12, 2015, 10:18:38 AM
EUR is bleeding out faster than I thought.  It's like free btc. 
That's what you get when you start giving it away for free. The Union threw its precious Euro into a number of black holes like Greece and Cyprus and now people are arguing that these countries would be prospering better without it. Soon Britain will be congratulating itself as GBP is doing great compared to EUR.

Yea its pretty bad.  I was thinking parity by second quarter but now I'm thinking it will tank much farther. 
I think we will see a small correction upwards again before it starts going down again and potentially go under euro...
newbie
Activity: 40
Merit: 0
March 12, 2015, 08:51:18 AM
EUR is bleeding out faster than I thought.  It's like free btc.  
That's what you get when you start giving it away for free. The Union threw its precious Euro into a number of black holes like Greece and Cyprus and now people are arguing that these countries would be prospering better without it. Soon Britain will be congratulating itself as GBP is doing great compared to EUR.

what was the result of EUR donation to Greece? as far as I know it didn't help a bit and Greece is still living on the edge of extinction.

as to GBP exchange rate - Britain indeed did a good job keeping it's exchange rate above all else, they are not depending on EUR in any way and this is playing for them.
legendary
Activity: 1245
Merit: 1004
March 11, 2015, 09:42:00 PM
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.
Some days ago I checked the rate, and it was 1.11 and today it dipped even below 1.06....
I never thought I would say this, but I am soo glad I converted a good bit of my EUR into USD a year ago at ~1.3X
The money did never arrived at the greek people on the streets, it's been merely transfered through greece country directly into blundered ballances of big banks, occacionally located at Frankfurt.

From a Bitcoin perspective we see the BTC notation rising but that might be similar to watching the waterline from a sinking ship. A mixed feeling between hooray and duh.
hero member
Activity: 706
Merit: 500
https://twitter.com/CryptoTrout
March 11, 2015, 08:32:06 PM
EUR is bleeding out faster than I thought.  It's like free btc. 
That's what you get when you start giving it away for free. The Union threw its precious Euro into a number of black holes like Greece and Cyprus and now people are arguing that these countries would be prospering better without it. Soon Britain will be congratulating itself as GBP is doing great compared to EUR.

Yea its pretty bad.  I was thinking parity by second quarter but now I'm thinking it will tank much farther. 
sr. member
Activity: 756
Merit: 250
Infleum
March 11, 2015, 06:41:34 PM
EUR is bleeding out faster than I thought.  It's like free btc.  
That's what you get when you start giving it away for free. The Union threw its precious Euro into a number of black holes like Greece and Cyprus and now people are arguing that these countries would be prospering better without it. Soon Britain will be congratulating itself as GBP is doing great compared to EUR.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
March 11, 2015, 05:02:22 PM
It seems EUR USD parity is a sure thing now. I'm not surprised to see a ratio of 0.8 or lower
member
Activity: 89
Merit: 10
March 11, 2015, 01:59:43 PM
But from what I gather the drop is due to the money printing that is going on. So we can expect the EUR to be dropping this year. Assuming the ECB keeps printing. I am thinking to turn some EUR into GBP asap.
hero member
Activity: 706
Merit: 500
https://twitter.com/CryptoTrout
March 11, 2015, 01:31:04 PM
EUR is bleeding out faster than I thought.  It's like free btc. 
hero member
Activity: 742
Merit: 526
March 11, 2015, 12:56:47 PM
USDX can hit a 100 mark any time now. 2003 was the last time this index exceeded 100, with an all-time high of 165 in the beginning of 1985. Euro is now close to 1.05 (1.0525 at the moment), and the carnage should definitely continue!
full member
Activity: 364
Merit: 101
March 11, 2015, 12:36:19 PM
I hope that the dollar will be nr.2 again,
I hope that euro will fall down soon,I hate euro,never deal with euro.
GBP is the power Smiley
hero member
Activity: 770
Merit: 509
March 11, 2015, 11:22:18 AM
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.

Some days ago I checked the rate, and it was 1.11 and today it dipped even below 1.06....

I never thought I would say this, but I am soo glad I converted a good bit of my EUR into USD a year ago at ~1.3X
Poor greeks aren't responsible for having shitty corrupt governments and living on a global scam economic system to boot. I don't like when people blame the normal people when it's all a small % of corrupt elites.
legendary
Activity: 2170
Merit: 1427
March 11, 2015, 08:00:42 AM
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.

Some days ago I checked the rate, and it was 1.11 and today it dipped even below 1.06....

I never thought I would say this, but I am soo glad I converted a good bit of my EUR into USD a year ago at ~1.3X
hero member
Activity: 742
Merit: 526
March 11, 2015, 05:48:56 AM
EUR's QE is just beginning and the follow of interest rates of US may be raised.
All of this could make EUR might drop to equal USD, or even below USD.
I can't believe EUR lost 20% in the past year.

There is higher justice in that Europeans are now paying off for what they had tried to do to Russians (being Washington's puppets), in an effort to make life miserable in Russia. Evil boomerangs on the evil-doer.
There is nothing business to Russians.
EUR just drop about 20%, but Ruble just as junk.
Your Russia can't blame anyone, you should blame Putin the dictator.   

Now you seem to be crying that it is not Russian business, right? But where you and your government had been before when Europe (egged on by the U.S.) interfered with what is none of their business? Chickens always come home to roost.

Show must go on!
sr. member
Activity: 462
Merit: 250
March 11, 2015, 05:40:09 AM
EUR's QE is just beginning and the follow of interest rates of US may be raised.
All of this could make EUR might drop to equal USD, or even below USD.
I can't believe EUR lost 20% in the past year.

There is higher justice in that Europeans are now paying off for what they had tried to do to Russians (being Washington's puppets), in an effort to make life miserable in Russia. Evil boomerangs on the evil-doer.
There is nothing business to Russians.
EUR just drop about 20%, but Ruble just as junk.
Your Russia can't blame anyone, you should blame Putin the dictator.   
hero member
Activity: 742
Merit: 526
March 11, 2015, 04:58:04 AM
The euro exchange rate has just crashed below 1.06$, the lowest exchange rate since 2004. Expecting more fun to follow (gold is also being trashed at the moment).
legendary
Activity: 2156
Merit: 1131
March 11, 2015, 04:29:08 AM
 
Greece Told Not to Waste Time as Euro Finance Ministers Meet
Euro-area finance ministers said Greece must move faster to meet
its rescue commitments in order to unlock more bailout funds,
as the country risks running out of cash.
http://www.bloomberg.com/news/articles/2015-03-09/greece-told-not-to-waste-time-as-euro-finance-ministers-meet

lol this is hilarious.

IMO, Socialism makes everyone equally poor by crashing the economy and the leaders get very rich thanks to massive corruption.
"Profit is bad for people so we take everyone's money".
newbie
Activity: 1
Merit: 0
March 11, 2015, 03:59:43 AM
i didnt believe it at first but now it seems possible  Shocked
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