Rising Euro

Dec 11th, 2008, 04:03 AM
  #1  
ira
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Rising Euro

Hi all,

The Euro has gone from about $1.26 to $1.32 in about 10 days.

Any thoughts?

ira is offline  
Dec 11th, 2008, 04:09 AM
  #2  
 
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Bummer!!!!

jdc
jdc26 is offline  
Dec 11th, 2008, 04:19 AM
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Maybe that loonie who keeps on telling us the $ is going to be worth €0.0000001 is going to be right after all.

If we wait long enough - say, a thousand years.
flanneruk is offline  
Dec 11th, 2008, 04:24 AM
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Currencies fluctuate. They always have and always will.
RufusTFirefly is offline  
Dec 11th, 2008, 04:25 AM
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Traveling to Paris in November was the smartest thing I've done all year.
Nikki is offline  
Dec 11th, 2008, 06:23 AM
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Travelling to the US in May was the smartest thing I've done all year
hetismij is offline  
Dec 11th, 2008, 06:24 AM
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Yeah...Bummer is my thought! LOL I am going to be in Paris in 12 days!
MomDDTravel is offline  
Dec 11th, 2008, 06:47 AM
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Many thoughts....and none of them good!
Yes Ira, I've also been watching the slow slide with some concern.
EJ
elsiejune is offline  
Dec 11th, 2008, 06:51 AM
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If I knew the direction of the Euro; you would be reading about it in my best selling book!!....lol
longboatkey is offline  
Dec 11th, 2008, 07:01 AM
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If I see more than just a creep up, I am thinking about prepaying some things.
Judyrem is offline  
Dec 11th, 2008, 07:41 AM
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Look, if there's one thing we've learned in the past six months, it's this.

You can't predict. Least of all about the future

If your home currency were the Zimbabwean dollar, it'd be a pretty good bet it'll devalue in six months' time. Actually it'll devalue 90% in six minutes.

But few on this board are that unfortunate. Whether the US, Eurozone, British, Australian or Canadian economy is the most screwed up right now is pretty damn moot. They're all in a mess, which currency the forex dealers choose to buy is completely impossible to guess, and the only sensible assumption you can possibly make about a foreign holiday next spring or summer is that your currency might be worth 25% more against theirs by then, or 25% less. So budget accordingly.

And if you like irresponsible betting, the odds of making money from it are probably higher on your local lottery, where at least you're competing with other amateurs.
flanneruk is offline  
Dec 11th, 2008, 09:16 AM
  #12  
 
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Yikes!

Ira,

Make it stop, I have cooking classes to take next month in Paris. I already told my husband it is going to be "cheap" because of the lower rate.
cafegoddess is online now  
Dec 11th, 2008, 09:22 AM
  #13  
 
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I'm off to Paris on 12/26 and have already bought some Euros about a couple of weeks ago. Still....$1.32 to the Euro is better than $1.50 or more. Here's hoping it'll downtrend again.
trafaelwyr is offline  
Dec 11th, 2008, 09:53 AM
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Bad news for all us Brits going skiing in Europe over the next few months with the present GBP - Euro rate as well.

julia_t is offline  
Dec 11th, 2008, 10:29 AM
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It is $1.64 for us unfortunately! We just bought a house in Europe and the price has just increased nearly $30,000 in just a couple of weeks. But we are going to enjoy it to bits!
travel2live2 is offline  
Dec 11th, 2008, 12:37 PM
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It's all over, not right now, but soon. Buy T-bills, or the state will buy them for you.
logos999 is offline  
Dec 11th, 2008, 01:03 PM
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Oh, that's a lot of popycock, Logos.
travelme is offline  
Dec 11th, 2008, 01:22 PM
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$1,33317

time to visit Hawaii?
FainaAgain is offline  
Dec 11th, 2008, 01:25 PM
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time to visit Hawaii?

Faina, has the dollar gone up against the Hawaiian currency?
sf7307 is offline  
Dec 11th, 2008, 01:30 PM
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Well, I am going to Portugal in the spring for a week. I paid for my lodging already and the airfare is also paid off. Tomorrow I am going march down to the bank to get some euro. About $500 worth. I have 130 euro left from my last trip. I dont care if I am getting a bad exchange rate here stateside. It will buy me peace of mind. Watching the $ on xe.com fall is not pleasant.
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