euro vs dollar

Discussion in 'Politics & Religion' started by coolmanphp, Oct 24, 2007.

0
  1. #1
    euro vs dollar

    I think US dollar is getting week because of euro. look like people that were buying dollar before are now buying dollars and euro.

    What do you guys think?
     
    coolmanphp, Oct 24, 2007 IP
  2. nks

    nks Well-Known Member

    Messages:
    1,602
    Likes Received:
    40
    Best Answers:
    0
    Trophy Points:
    160
    #2
    I don't think so.... American dollars are probably temporarily on the fall, whereas is just rising too fast. It's expected to drop soon too.
     
    nks, Oct 24, 2007 IP
  3. allout

    allout Prominent Member

    Messages:
    5,000
    Likes Received:
    461
    Best Answers:
    2
    Trophy Points:
    340
    #3
    I do not think so either. It is common for a currency that has been so strong to fall at times. Economics in general is cyclic and currency is the same way it will rise at fall and rise again. You will see the same pattern with th Euro after it has been around for a long time.
     
    allout, Oct 24, 2007 IP
  4. taimour

    taimour Peon

    Messages:
    115
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    0
    #4
    euro market value is on rising.
    and us$ is on fall from 9/11.and it is not temporary.
     
    taimour, Oct 24, 2007 IP
  5. The Webmaster

    The Webmaster IdeasOfOne

    Messages:
    9,516
    Likes Received:
    718
    Best Answers:
    0
    Trophy Points:
    360
    #5
    Do you have any Idea what are you talking about?

    USD was not falling since 9/11. The major fall recorded at the beginning of this year only..

    http://www.exchange-rates.org/history/INR/USD/G/M
     
    The Webmaster, Oct 24, 2007 IP
  6. ROAR

    ROAR Well-Known Member Affiliate Manager

    Messages:
    1,869
    Likes Received:
    51
    Best Answers:
    0
    Trophy Points:
    165
    #6
    When the Euro came out it was .85 .88 something like that....today its around 1.43.... over the course of 4 yrs?5 yrs.

    Its accelerated recently, but has been in decline gradually. Myriad of reasons...but it will probably continue for a while...living in Europe on US dollars is a pain in the wallet now. Not really- but its getting a bit more expensive.
     
    ROAR, Oct 25, 2007 IP