qiwoman2
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September 28, 2015, 07:26:20 AM |
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We have now the Catalonian problem in Spain as well so all these European disparities between nations may start to weaken the Euro but also the USD is not faring too well because of the colossal US debt but let's see which currency goes down first.
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NorrisK
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September 28, 2015, 08:51:23 AM |
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EUR/USD has been near 1.1 for a long time now. It doesn't look like it's getting closer despite some new issues.
Looks like the FED is giving mixed signals all the time about what they will do. Will they even do anything? Maybe they just can't figure out what is the best at the moment. As a EUR user I would like the EUR to be above the USD for a bit more to buy cheaper bitcoins. Next year it can drop so I can sell my btc at a premium  (free 20% on top of any gains bitcoin makes anyone?) |
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HeroCat
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September 28, 2015, 03:47:46 PM |
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No, I do not think it can happen  EUR will stay more or less at current level, sometimes up and sometimes down |
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altcoinUK
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September 28, 2015, 03:59:18 PM |
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Of course it will drop below USD.
There are many discussions about that in the Marty Armstrong and other threads. There is no other way around that the USD will be the safe currency and EUR will drop to 0.8.
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irfan01
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September 28, 2015, 04:46:55 PM |
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it may happen we do not know when dollar will surpass the euro  |
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Slark
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October 06, 2015, 08:47:06 PM |
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Of course it will drop below USD.
There are many discussions about that in the Marty Armstrong and other threads. There is no other way around that the USD will be the safe currency and EUR will drop to 0.8.
I think euro will fail first. Usd is the doge coin of fiat. We are used to fed actions and they have the biggest army. Usd should fail some times later. (Maybe not long after) The good news is when euro will fail, I will hve made infinite roi with bitcoin Some time later? 10, 20, 30 years later? Also you realize that if euro or dollar will fall it will create global economic recession? Crisis will be so overwhelming that even bitcoin price will drop (in dire time bitcoin, seen mainly as investment asset will be dumped). |
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bojan92
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October 06, 2015, 11:20:25 PM |
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I read something about Germany and the Syrian refugees. Although there are around 600 000 refugees from Syria in Germany, the majority are young people around 22-23 years old, so Germany will have a lot of capable young people who can work jobs that the people in Germany don't want. So the Syrian thing won't have any effect on Germany, and i think it won't do any harm to the other countries. So it won't be a problem which will cause the EUR to drop below the dollar.
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fuddudle
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October 07, 2015, 03:40:22 AM |
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Parity is not going to happen. This was speculated time and time again. ECB just can't afford to lose grip.
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arnav95
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October 07, 2015, 04:26:13 AM |
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apparently i do not totally agree to your question as you say eur might drop below usd. i want you to know that but 25 december it will and it will bounce back but yes the eur will droop below usd. all those who don't believe this is going to happen just wait and watch.  |
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Quinn
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October 07, 2015, 10:14:15 AM |
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If Greece leaves the Euro zone, that would make the Euro stronger, and that may happen.
Syryza or however its written just smashed the elections and won by big majority, things are going to get really really interesting. These guys dont want to be buttfucked by Merkel, but they are delusional if they think they can stop the Troika. I don't think they intend to exit Eurozone. I recall reading some interview the other day with Syriza leader and he said they're going to stay with Euro. I recall reading that Euro will continue to fall and would reach parity with the dollar. So it would likely happen that the dollar will surpass Euro. |
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randy8777
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October 07, 2015, 10:39:57 AM |
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apparently i do not totally agree to your question as you say eur might drop below usd. i want you to know that but 25 december it will and it will bounce back but yes the eur will droop below usd. all those who don't believe this is going to happen just wait and watch. there is a chance of the euro dropping below the us dollar, but the chance for that to happen is very small. it might take years, if ever. |
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iv4n
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October 07, 2015, 10:53:38 AM |
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apparently i do not totally agree to your question as you say eur might drop below usd. i want you to know that but 25 december it will and it will bounce back but yes the eur will droop below usd. all those who don't believe this is going to happen just wait and watch. there is a chance of the euro dropping below the us dollar, but the chance for that to happen is very small. it might take years, if ever. Goldman Saks estimate that 1 euro will be 0.85 in 2016 and in the end of 2017 will be 0,80 dollars for one euro. |
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StevenLiang
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October 07, 2015, 10:54:21 AM |
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I don't see it coming any time soon. There is rumours about Germany, UK, Greece etc. leaving the EUR, but I don't think this will happen.
That would be a major issue within the EUR if some countries had to leave after being members for years. Every country has put in a lot of effort to make the EUR happen and I don't think they would be really willing to give this up. Every country has benefits.
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Poppy
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October 07, 2015, 12:33:04 PM |
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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.
Yes, there is a chance that EUR will drop below USD in 2015. There is a consensus that EUR would continue to fall and would eventually drop below USD. |
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n2004al
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October 07, 2015, 12:49:34 PM |
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Of course it will drop below USD.
There are many discussions about that in the Marty Armstrong and other threads. There is no other way around that the USD will be the safe currency and EUR will drop to 0.8.
It is be true that ECB has softened its rigidity about having as aim only the control of inflation and want to see more the development and growth of various economies, and it is true that the us dollar has gain about 25% this year but I think that it is arrived the equilibrium already. The actual rate has time in this level and, I think, it will be the last one. May be variance +/-5% but I don't think that us dollar will go higher than euro. |
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Clint
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October 07, 2015, 06:09:36 PM |
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The Greece crises is controlling all this. I don't think they will leave though.  |
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fuddudle
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October 07, 2015, 10:59:30 PM |
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The greek situation isn't going to hurt euro. The brunk of the damage has been done. They are just a drop in the ocean in terms of the effect they have directly on the euro zone.
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n2004al
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October 09, 2015, 02:07:56 PM |
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The greek situation isn't going to hurt euro. The brunk of the damage has been done. They are just a drop in the ocean in terms of the effect they have directly on the euro zone.
Agree with this opinion. What has done is done. The future have little to do with the Greece. The Eurozone is to big and the amount of euro in circulation is to big to be conditioned from the measures that it will be taken regarding the Greek debt. I repeat that the monetary policies that will be taken will have to do with the growth. This might weaken euro but, I think, not so much that to put it under the us dollar. And the measures taken (or will be taken) about Greek debt will have not impact on this rapport. |
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n2004al
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October 09, 2015, 04:01:36 PM |
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The issue is not greece, but that several contries in europe have serious debt issues.
Europe is financialy and politicaly divided.
This is the main reason of the intentional weakness of euro. The growth will reduce the debt. At least this is the hope. The less value of euro will stimulate the exports of every country in Eurozone and this will help in the decrease of debt. |
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operrajunk74
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October 09, 2015, 06:59:15 PM |
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I think that EUR may collapse because of some bad managements made by few countries. I am also sure that euro wont die so easily as people have made a projection about it and the situation of the world had for sure been projected to affect the eurozone as all countries facing some kind of problem so this wont last forever.
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