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Author Topic: EUR might drop below USD  (Read 33280 times)
n691309
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July 21, 2016, 10:35:48 PM
 #461


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.


First it was the Greece crisis which dropped down the euro price below usd, now we see how brexit affected the price. I remember how low costed to exchange euro to dollar now they cost a little more and we can see the exchange graph through the month/years. If this trends continues then eur maybe be equivalent to usd about the value $1 = 1€.
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October 19, 2016, 10:00:26 PM
 #462


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.

It can be possible that the euro is going to drop below the dollar, a couple months ago the euro also dropped a bit because of the crisis that was hitting Europe.
It is now going a bit better over there but it might still drop in the future.


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October 19, 2016, 11:05:40 PM
Last edit: August 18, 2017, 08:05:18 PM by Shady
 #463

This same process happened with other major currencies in exchange with the US Dollar and leads to a period of instability. It's quite possible that this would become similar for the EURO, so if investing into FOREX i'd advise you to delay further activity.

Overall this part of time may be a sign of change across European Union and it's likely it will go back up.

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October 19, 2016, 11:40:26 PM
 #464


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.

It can be possible that the euro is going to drop below the dollar, a couple months ago the euro also dropped a bit because of the crisis that was hitting Europe.
It is now going a bit better over there but it might still drop in the future.

I also think it's possible since the europe economic is also not in a good shape, but i don't think it will happen this year, seems like the US economic is becoming worse, and with the new president to come I hope there will be some changes to make US become stronger and it probably can bypass Euro


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October 20, 2016, 02:56:21 AM
 #465


I also think it's possible since the europe economic is also not in a good shape, but i don't think it will happen this year, seems like the US economic is becoming worse, and with the new president to come I hope there will be some changes to make US become stronger and it probably can bypass Euro

Possibilities are always there but I do not think it will happen overnight. Today ,its election year in US and it seems some data is improving. When that happens that EUR might drop, there must be a world financial shakeup as world economy has tie up to other nations.


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