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Author Topic: EUR might drop below USD  (Read 33626 times)
najzenmajsen
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March 04, 2015, 12:43:53 PM
 #161

No...

USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.

All of a sudden, its gonna drop like a rock.

The Euro will survive.
Why do you think the USD will drop , and that the euro will survive?
when both of them have bitcoins against them , their both gonna fall like rocks imo.
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tee-rex
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March 04, 2015, 12:48:05 PM
 #162

No...

USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.

All of a sudden, its gonna drop like a rock.

The Euro will survive.
Why do you think the USD will drop , and that the euro will survive?
when both of them have bitcoins against them , their both gonna fall like rocks imo.

Are you kidding? Bitcoin was once worth over 1,100 dollars, now it is only around 300 dollars. Most likely it is already past its peak. The more robust altcoins are killing it, step by step, coin after coin.
picolo
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March 04, 2015, 12:51:52 PM
 #163

No...

USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.

All of a sudden, its gonna drop like a rock.

The Euro will survive.
Why do you think the USD will drop , and that the euro will survive?
when both of them have bitcoins against them , their both gonna fall like rocks imo.

USD and EUR should fall as the central bank do qe and governements go more in debt.
kitarohotono
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March 04, 2015, 02:53:48 PM
 #164

No...

USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.

All of a sudden, its gonna drop like a rock.

The Euro will survive.
Why do you think the USD will drop , and that the euro will survive?
when both of them have bitcoins against them , their both gonna fall like rocks imo.

USD and EUR should fall as the central bank do qe and governements go more in debt.

But they don't drop if everybody keep on printing  Wink
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March 04, 2015, 03:00:55 PM
 #165

No...

USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.

All of a sudden, its gonna drop like a rock.

I've heard such sentiment for over a decade by now (actually since the beginning of 2000s), but all we see is USDX aiming higher and higher every day, so with all due desire I can't see USD being low. What should happen that dollar will drop like a rock?
Was not it like 7 years ago when $1 was worth about half of 1 Euro? And I was under the impression that strong USA currency is not always the best factor when it comes to worldwide trading. It would be a really bad omen if dollar will be more expensive than euro imo.


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tee-rex
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March 04, 2015, 03:51:01 PM
 #166

No...

USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.

All of a sudden, its gonna drop like a rock.

I've heard such sentiment for over a decade by now (actually since the beginning of 2000s), but all we see is USDX aiming higher and higher every day, so with all due desire I can't see USD being low. What should happen that dollar will drop like a rock?
Was not it like 7 years ago when $1 was worth about half of 1 Euro? And I was under the impression that strong USA currency is not always the best factor when it comes to worldwide trading. It would be a really bad omen if dollar will be more expensive than euro imo.

It all depends. If the U.S. dollar is not strong enough, people will shrink from it. Don't forget that it is a foreign currency in any other country but the USA. So when dollar is on the rise, people will try to hoard them, and that is good for the U.S. economy since the USA exports debt.
okthen
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March 04, 2015, 06:18:29 PM
 #167

No...

USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.

All of a sudden, its gonna drop like a rock.

I've heard such sentiment for over a decade by now (actually since the beginning of 2000s), but all we see is USDX aiming higher and higher every day, so with all due desire I can't see USD being low. What should happen that dollar will drop like a rock?
Was not it like 7 years ago when $1 was worth about half of 1 Euro? And I was under the impression that strong USA currency is not always the best factor when it comes to worldwide trading. It would be a really bad omen if dollar will be more expensive than euro imo.

It all depends. If the U.S. dollar is not strong enough, people will shrink from it. Don't forget that it is a foreign currency in any other country but the USA. So when dollar is on the rise, people will try to hoard them, and that is good for the U.S. economy since the USA exports debt.

Yep it depends for whom.
All this Greece nonsense lead to the devaluation of the Euro, so it's bad for Europe. And probably good for the US.
When it goes vice-versa, it's the same.
tee-rex
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March 04, 2015, 06:25:09 PM
 #168

No...

USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.

All of a sudden, its gonna drop like a rock.

I've heard such sentiment for over a decade by now (actually since the beginning of 2000s), but all we see is USDX aiming higher and higher every day, so with all due desire I can't see USD being low. What should happen that dollar will drop like a rock?
Was not it like 7 years ago when $1 was worth about half of 1 Euro? And I was under the impression that strong USA currency is not always the best factor when it comes to worldwide trading. It would be a really bad omen if dollar will be more expensive than euro imo.

It all depends. If the U.S. dollar is not strong enough, people will shrink from it. Don't forget that it is a foreign currency in any other country but the USA. So when dollar is on the rise, people will try to hoard them, and that is good for the U.S. economy since the USA exports debt.

Yep it depends for whom.
All this Greece nonsense lead to the devaluation of the Euro, so it's bad for Europe. And probably good for the US.
When it goes vice-versa, it's the same.

Greece is now in the process of losing its independence to Germany and France, Italy and Portugal will follow its lead. Devaluation of Euro is the price the European population has to pay for stronger unification in the future.
okthen
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March 04, 2015, 10:23:19 PM
 #169

No...

USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.

All of a sudden, its gonna drop like a rock.

I've heard such sentiment for over a decade by now (actually since the beginning of 2000s), but all we see is USDX aiming higher and higher every day, so with all due desire I can't see USD being low. What should happen that dollar will drop like a rock?
Was not it like 7 years ago when $1 was worth about half of 1 Euro? And I was under the impression that strong USA currency is not always the best factor when it comes to worldwide trading. It would be a really bad omen if dollar will be more expensive than euro imo.

It all depends. If the U.S. dollar is not strong enough, people will shrink from it. Don't forget that it is a foreign currency in any other country but the USA. So when dollar is on the rise, people will try to hoard them, and that is good for the U.S. economy since the USA exports debt.

Yep it depends for whom.
All this Greece nonsense lead to the devaluation of the Euro, so it's bad for Europe. And probably good for the US.
When it goes vice-versa, it's the same.

Greece is now in the process of losing its independence to Germany and France, Italy and Portugal will follow its lead. Devaluation of Euro is the price the European population has to pay for stronger unification in the future.

Portugal already has the Troika aid, I don't think Spain will have it, they're actually recovering.
I think in the end it will be Germany to leave the euro. Once again, they're just more efficient than the rest of Europe...
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March 04, 2015, 11:33:43 PM
 #170

No...

USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.

All of a sudden, its gonna drop like a rock.

I've heard such sentiment for over a decade by now (actually since the beginning of 2000s), but all we see is USDX aiming higher and higher every day, so with all due desire I can't see USD being low. What should happen that dollar will drop like a rock?
Was not it like 7 years ago when $1 was worth about half of 1 Euro? And I was under the impression that strong USA currency is not always the best factor when it comes to worldwide trading. It would be a really bad omen if dollar will be more expensive than euro imo.

It all depends. If the U.S. dollar is not strong enough, people will shrink from it. Don't forget that it is a foreign currency in any other country but the USA. So when dollar is on the rise, people will try to hoard them, and that is good for the U.S. economy since the USA exports debt.

Yep it depends for whom.
All this Greece nonsense lead to the devaluation of the Euro, so it's bad for Europe. And probably good for the US.
When it goes vice-versa, it's the same.

Greece is now in the process of losing its independence to Germany and France, Italy and Portugal will follow its lead. Devaluation of Euro is the price the European population has to pay for stronger unification in the future.

Portugal already has the Troika aid, I don't think Spain will have it, they're actually recovering.
I think in the end it will be Germany to leave the euro. Once again, they're just more efficient than the rest of Europe...

Doubt they will leave. And part of the reason for Germany's "efficiency" is they aren't following the agreed inflation target. Their unit labor costs are kept much lower than they should be for their productivity. And the reverse for southern Europe. Good for Germany's competitiveness. Helps they don't have a currency that gets appreciated because of it though. A good example to compare it to is France which followed the inflation target. And is also getting in trouble.
tee-rex
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March 05, 2015, 06:45:35 AM
 #171

It all depends. If the U.S. dollar is not strong enough, people will shrink from it. Don't forget that it is a foreign currency in any other country but the USA. So when dollar is on the rise, people will try to hoard them, and that is good for the U.S. economy since the USA exports debt.

Yep it depends for whom.
All this Greece nonsense lead to the devaluation of the Euro, so it's bad for Europe. And probably good for the US.
When it goes vice-versa, it's the same.

Greece is now in the process of losing its independence to Germany and France, Italy and Portugal will follow its lead. Devaluation of Euro is the price the European population has to pay for stronger unification in the future.

Portugal already has the Troika aid, I don't think Spain will have it, they're actually recovering.
I think in the end it will be Germany to leave the euro. Once again, they're just more efficient than the rest of Europe...

How can they leave the eurozone, if it was their idea in the first place? In fact, the United Europe has been their dream for at least a century already (actually, this dream has its roots as back in the past as the Holy Roman Empire). The euro is only a means for making this dream come true (they failed miserably twice to do just that through military in the 20th century).
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March 05, 2015, 08:00:44 AM
 #172

http://www.zerohedge.com/news/2015-03-04/ecb-will-cut-rates-minus-3-jpmorgan

Zerohedge say that JPMorgen expect -3% interest rates and $:€ parity in 2015...
I personally think that the market is already so short the € and long the $, and it is 1.1. I don't see any quick movement to parity.

Last time when Grexit worries were in the news, the exchange rate was 1.24 or so, everyone was saying that it was too high, but it soon went to 1.35 before coming back to where it is now.  It's a tricky business FX trading!
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March 05, 2015, 04:17:53 PM
 #173

Euro just dropped further! 12 year low  Shocked
kaykawa
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March 05, 2015, 04:31:11 PM
 #174

It's confidence..
price needs to dump completly to remove all confidence then only then price will go up.

this isn't only in btc market.
Happen too in USD / EUR markets.

btw, it's a good time to buy btc.
(waiting for long term)
imho

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March 05, 2015, 05:02:35 PM
 #175

Euro just dropped further! 12 year low  Shocked

it's going to drop even further. nothing shows any sign of recovery any time soon.
i only hope it will not go below the us dollar. for me as european it's horrible.
AtheistAKASaneBrain
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March 05, 2015, 05:05:15 PM
 #176

Euro just dropped further! 12 year low  Shocked

it's going to drop even further. nothing shows any sign of recovery any time soon.
i only hope it will not go below the us dollar. for me as european it's horrible.

Some say it may reach dollar parity in the next decade and potentially lower like 85cents. If you are Greek you better have a lot of Bitcoin already.
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March 05, 2015, 05:40:17 PM
 #177

Euro just dropped further! 12 year low  Shocked

it's going to drop even further. nothing shows any sign of recovery any time soon.
i only hope it will not go below the us dollar. for me as european it's horrible.

Some say it may reach dollar parity in the next decade and potentially lower like 85cents. If you are Greek you better have a lot of Bitcoin already.

Or Russian rubles since Greece is now trying to make friends with Russia as its savior and companion in their disdain for the European Union and dislike of the U.S. world hegemony.
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March 05, 2015, 10:57:10 PM
 #178

Euro just dropped further! 12 year low  Shocked

it's going to drop even further. nothing shows any sign of recovery any time soon.
i only hope it will not go below the us dollar. for me as european it's horrible.

Some say it may reach dollar parity in the next decade and potentially lower like 85cents. If you are Greek you better have a lot of Bitcoin already.

Or Russian rubles since Greece is now trying to make friends with Russia as its savior and companion in their disdain for the European Union and dislike of the U.S. world hegemony.
I think Greece may end up getting betrayed by Russia if they don't fully adopt dracma again, they may end up alone.
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March 06, 2015, 05:27:04 AM
 #179

Euro just dropped further! 12 year low  Shocked

it's going to drop even further. nothing shows any sign of recovery any time soon.
i only hope it will not go below the us dollar. for me as european it's horrible.

Some say it may reach dollar parity in the next decade and potentially lower like 85cents. If you are Greek you better have a lot of Bitcoin already.

Or Russian rubles since Greece is now trying to make friends with Russia as its savior and companion in their disdain for the European Union and dislike of the U.S. world hegemony.
I think Greece may end up getting betrayed by Russia if they don't fully adopt dracma again, they may end up alone.

Isn't that what they really want, i.e. to be left alone ("Grexit")? Greeks seem to be blaming the European Union for their misfortunes and severe economic downturn as of late. Besides that, many in Europe loathe at the idea that Europe’s economic crisis coincides with Germany’s rise as the dominant power on the continent, and Greece is no exception.

A friend in need is a friend indeed.
AtheistAKASaneBrain
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March 07, 2015, 04:14:35 PM
 #180

Euro just dropped further! 12 year low  Shocked

it's going to drop even further. nothing shows any sign of recovery any time soon.
i only hope it will not go below the us dollar. for me as european it's horrible.

Some say it may reach dollar parity in the next decade and potentially lower like 85cents. If you are Greek you better have a lot of Bitcoin already.

Or Russian rubles since Greece is now trying to make friends with Russia as its savior and companion in their disdain for the European Union and dislike of the U.S. world hegemony.
I think Greece may end up getting betrayed by Russia if they don't fully adopt dracma again, they may end up alone.

Isn't that what they really want, i.e. to be left alone ("Grexit")? Greeks seem to be blaming the European Union for their misfortunes and severe economic downturn as of late. Besides that, many in Europe loathe at the idea that Europe’s economic crisis coincides with Germany’s rise as the dominant power on the continent, and Greece is no exception.

A friend in need is a friend indeed.

They don't necessarily want to leave, but they can't stay within the European Union accepting their premises since it's literally killing people. The problem is, if they leave, they are equally fucked or most likely even worse.
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