Euro dropping vs $

Old Aug 7th, 2008, 10:41 AM
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Euro dropping vs $

Hey Fodorites,

the Euro is going down with relation to the $ by 6 cents...from $1.59 now to $1.53 ! Hope it continues further through September.

April and May 2007 I was paying $1.32 exchange - doubt it will go down that far but it would be nice.

I may wait to book and pay for things online til September to see how it goes.
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Old Aug 7th, 2008, 10:46 AM
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Mahya2 wrote: "I may wait to book and pay for things online til September to see how it goes."

Yet another currency speculator comes out of the closet.
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Old Aug 7th, 2008, 10:49 AM
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I think things are a little better because the price of oil is down quite a bit. This is helping the US $.
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Old Aug 7th, 2008, 10:52 AM
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And Padraig wrote: "Yet another currency speculator comes out of the closet."

And here's another one. Whoohoo!!!

jdc

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Old Aug 7th, 2008, 10:57 AM
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The $ is going to crash, there's no way around that.

Sell, while you can.
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Old Aug 7th, 2008, 10:59 AM
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That's why I come here -- for the financial advice.
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Old Aug 7th, 2008, 11:02 AM
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logos999 wrote: "The $ is going to crash, there's no way around that. Sell, while you can."

logos, are you still in America? And trying to panic people into selling you their dollars at a reduced price?

Shame on you, sir!
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Old Aug 7th, 2008, 11:03 AM
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This from the guy who bragged that Deutsche Bank had no mortgage security losses....

LOLOLOLOLOLOL . HaHaHaHa.
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Old Aug 7th, 2008, 11:05 AM
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You need to keep it simple, to be understood on fodors ;-)

Deutsche Bank is still standing and well, unlike like many other banks in the US.
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Old Aug 7th, 2008, 11:07 AM
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JDC,

It may be because Andrew Cuomo, NY State Attorney General startd suing the banks and the hedge funds for their speculating - the oil price dropped immediately and for sure they must have been speculating in $ and Euro.

News this morning he forced Citibank to make good with losses to consumers and they agreed to pay a $50 million dollar fine.

Go Andy!
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Old Aug 7th, 2008, 11:09 AM
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Of course the $ is getting stronger; Favre was traded to the Jets.
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Old Aug 7th, 2008, 11:13 AM
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longboatkey wrote: "Of course the $ is getting stronger; Favre was traded to the Jets."

That's about the best piece of economic analysis I have seen on this forum.
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Old Aug 7th, 2008, 11:16 AM
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Leave it to Logos99 to put a damper and spoil the moment. Way to go Logos99. How much do you think we can fetch $-wise to send him back?

jdc
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Old Aug 7th, 2008, 11:26 AM
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Enjoy the moment, it won't last.
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Old Aug 7th, 2008, 11:32 AM
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Good gawd, the voice of doom.
Logos, give us your address, we'll send a subliminal cd for positive thinking.
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Old Aug 7th, 2008, 12:02 PM
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"300" is shown on TV right now, in the end, the Persians will win
The $ won't even deliver a good fight. No mercy.
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Old Aug 7th, 2008, 12:03 PM
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Sob! Sob! Favre left for the Jets.
The Packer management is crazy.

Hooray! the dollar is doing better and hope it gets better by October!!
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Old Aug 7th, 2008, 03:14 PM
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Author: logos999
Date: 08/07/2008, 03:05 pm

You need to keep it simple, to be understood on fodors

Deutsche Bank is still standing and well, unlike like many other banks in the US.


Pray tell. And just how "many" banks are you talking about?
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Old Aug 7th, 2008, 05:51 PM
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Old Aug 7th, 2008, 06:04 PM
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If you love to travel, you'll find a way no matter what the dollar does. BUT, I'm excited about the small improvement, with a trip to Europe for October. Who knows what it will be by then? We'll just find ways to economize, use FF miles and hotel reward points, and stay away from expensive dinners. As for financial advice and forecasts, I'll leave that for others - even those who claim to know about such things can't seem to get it right for now.
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