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+--- Thread: Euro vs Dollar (/thread-35.html)
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Re: Euro vs Dollar - sasha - 08-06-2008
I agree, but at larger scale (macrolevel) we could see that these enterprizes get better position over rivals at its own market. This is motivated and controled by political structures, not by plain market mechanisms. There are some Deuche Bank analisys of this, but I couldn't find it now.
Re: Euro vs Dollar - Steven - 08-07-2008
If a certain enterprise was chosen by the state to render services it is not by chance, 'cause before choosing a representative company the state's normally organizes tenders. That's why all companies have equal chances to participate in the state's activity, but the best is the winner.
Re: Euro vs Dollar - sasha - 08-08-2008
Is it fair ?
Re: Euro vs Dollar - willyoumind - 08-12-2008
If I have the choice, I would prefer the Euro than US dollar, as it has more value...
The U.S. economy is in the slump now, and I think the condition will still remain the same, even after Obama had become the next new President...
Re: Euro vs Dollar - Benn - 08-12-2008
Actually these days dollar appreciated against euro by 20 cents. Euro is giving away its position.
Re: Euro vs Dollar - Steven - 08-14-2008
I was surprised to see that the GB pound is depreciating as well. My God, it's a real crisis for Europe.
Re: Euro vs Dollar - Karl.in.eu - 08-17-2008
Benn Wrote:Actually these days dollar appreciated against euro by 20 cents. Euro is giving away its position.
I don’t know ere from did you get this info. A depreciation of 20 cents in a sudden would be catastrophic.
It is only a 10 cent deprecation. Please check the ECB web site: <!-- m --><a class="postlink" href="http://www.ecb.int/stats/exchange/eurofxref/html/eurofxref-graph-usd.en.html">http://www.ecb.int/stats/exchange/eurof ... sd.en.html</a><!-- m -->
Accordingly to this graph there was a depreciation of maximum12 cents, which is quite normal, it happened to other currencies from time to time too
Re: Euro vs Dollar - Steven - 08-18-2008
will the euro continue depreciating against dollar, or it's just a temporary breakdown?
Re: Euro vs Dollar - Hakan G - 08-30-2008
Such major currencies depend on too many factors to be forecasted. I doubt there is somebody to be able to make the proper assumption and to get it every time right, even large banks don’t have the power to do it.
Re: Euro vs Dollar - Karl.in.eu - 08-30-2008
I saw not only once how analysts from major banks were making statements toward this topic…
Re: Euro vs Dollar - Hakan G - 08-30-2008
Well, imagine being an analyst and a TV reporter will come to you and ask your opinion on the current situation of the currency sentiment. If you say: well, I don’t know… it is difficult…Then next time that news reporter won’t ever come back to you again. Financial analysts of major banks are paid enough to have an opinion every time, anytime, otherwise bank’s reputation will drop down, investments will slow, and later your job is transformed in a vacancy
Re: Euro vs Dollar - Terry - 09-04-2008
Hakan G Wrote:Well, imagine being an analyst and a TV reporter will come to you and ask your opinion on the current situation of the currency sentiment. If you say: well, I don’t know… it is difficult…Then next time that news reporter won’t ever come back to you again. Financial analysts of major banks are paid enough to have an opinion every time, anytime, otherwise bank’s reputation will drop down, investments will slow, and later your job is transformed in a vacancythat's an interesting point of view. So it seems that analysts could tell lies to people only for keeping their jobs?
Re: Euro vs Dollar - Hakan G - 09-07-2008
Yes, but to keep up his reputation too.
Re: Euro vs Dollar - Benn - 09-20-2008
if it's so, whom do we trust? Maybe each of us must have a, more or less, average economic education so that we could make forecasts by our own.
By the way, GBP seems to appreciate now against dollar. What is it connected with?
Re: Euro vs Dollar - Karl.in.eu - 09-21-2008
The GBP was 1.8-2.00 USD for ages, no?
Re: Euro vs Dollar - Faw_Peter - 09-22-2008
Oh, but no Karl. Recently it went down to 1.7x. That is due to the fact UK's relation with Russia worsened, now peace seems to have got reestablished and consequently it's appreciating.
Re: Euro vs Dollar - Hakan G - 09-26-2008
Faw_Peter Wrote:Oh, but no Karl. Recently it went down to 1.7x. That is due to the fact UK's relation with Russia worsened, now peace seems to have got reestablished and consequently it's appreciating.
What does Russia has to do with the Sterling?
Re: Euro vs Dollar - Terry - 10-22-2008
What I saw today really shocked me out! 1 euro = 1.28 dollars, and 1 pound = 1.62 dollars.
How far will it go down? If it keeps going on, then we could go back to the stone era.
Re: Euro vs Dollar - Terry - 10-30-2008
After depreciating to 1.22 dollars per euro, the latter seems to be getting back. Today 1 euro = 1.3 dollars.
Re: Euro vs Dollar - M.Helen - 11-05-2008
I expected the dollar to rise after Obama's winning, but I see no changes. Maybe true changes will appear when Obama takes the president's seat, on January 20?
Re: Euro vs Dollar - Martin - 12-25-2009
I think dollar always will have priority. Euro is more unstable than dollar and it is not very good for nobody. I'm not saying that dollar is better but at least it is not so unstable as the euro is, and it is safer.