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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
C.C.C.P.
Industry Role:
Join Date: Aug 2003
Location: Novorossiya
Posts: 6,715
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Euro Suddenly Crashes Low Since 2012
1USD=1.247 Euro
Plunging to the weakest level since August 2012 ![]()
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#2 |
Raise Your Weapon
Industry Role:
Join Date: Jun 2003
Location: Outback Australia
Posts: 15,605
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IMHO it's got further to go down.
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#3 |
I am Amazing Content!
Industry Role:
Join Date: Feb 2004
Posts: 39,821
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i do not complain
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AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com |
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#4 |
Too lazy to set a custom title
Join Date: Jun 2006
Posts: 18,937
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#5 |
It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Not really, the US Dollar has spiked up:
http://quotes.ino.com/charting/index...=&a=&w=&v=dmax The Euro economic zone has very little inflation (bordering deflation). Euro zone prices and buying power within the Euro zone of domestically produced products are about the same. Euro zone imports will be effected and Euro zone import costs will rise, probably returning inflation to the 2% levels that the ECB would prefer. So, it isn't a crash but a correction -- the Euro being worth less than a dollar would be a crash. The Russian Ruble is a better example of a crash: http://quotes.ino.com/charting/?s=CME_6R.X14.E |
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#6 | |
I am Amazing Content!
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Join Date: Feb 2004
Posts: 39,821
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Quote:
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AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com |
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#7 |
Too lazy to set a custom title
Join Date: Jun 2006
Posts: 18,937
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#8 |
Industry Role:
Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
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Should be one to one anyway.
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#9 |
Confirmed User
Join Date: Dec 2009
Posts: 2,157
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#10 |
Jägermeister Test Pilot
Industry Role:
Join Date: Dec 2001
Location: NORCAL
Posts: 72,759
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It sort of does make you wonder if this is just a way to strangle Russia or ISIS.
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#11 |
Too lazy to set a custom title
Join Date: Oct 2001
Location: Spartaaaaaaaaa
Posts: 14,136
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You should see the Japanese Yen
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#12 |
Confirmed User
Join Date: Dec 2009
Posts: 2,157
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I really doubt this dollar strength is gonna stay for long. It is bad for US exports but since the US doesn't export much, that's no major issue.
The main issue is that the US has an inflation target of above 2% and currently has a strong leaning toward deflation. So hence if you have a strong dollar, you have weaker inflation so the FED will be aiming to weaking the dollar and get inflation higher. They must secretly know about QE4 (its already been hinted at) so I guess it must be coming within a year or so but even if it doesn't, we will not see higher rates for many years. You can't fight the FED. |
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#13 |
cuckdollars.com
Industry Role:
Join Date: Sep 2014
Location: The aisle where your Depends diapers are sold
Posts: 788
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SO looking forward to the £ going way down.
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#14 |
Confirmed User
Join Date: Dec 2009
Posts: 2,157
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The Yen has been totally pummelled because of the QE over there........ sooner or later theyre gonna hyperinflate.
Anyone know if property is getting a lot cheaper in Tokyo in USD terms? Or is the QE in fact causing compensatory asset price inflation? |
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#16 |
I am Amazing Content!
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Join Date: Feb 2004
Posts: 39,821
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just looked - 1.19 - that is fantastic
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AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com |
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#17 |
So Fucking Banned
Industry Role:
Join Date: Apr 2003
Location: online
Posts: 8,766
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i hope that it will stay like that longer
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#18 |
I am Amazing Content!
Industry Role:
Join Date: Feb 2004
Posts: 39,821
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right now we earn about 50% more on $1000 than in 2008
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AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com |
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#19 |
full-time aspiring rapper
Industry Role:
Join Date: Aug 2012
Location: Compton, CA
Posts: 5,746
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Good. I'm about to travel there.
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#21 |
Too lazy to set a custom title
Join Date: Jun 2006
Posts: 18,937
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A cartoonist drew this picture of me, just today:
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#22 |
Confirmed User
Join Date: Aug 2005
Location: UK
Posts: 3,564
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Understand now, you are earning in dollars...
I wondered as I thought strange you were welcoming the weakening of your currency. |
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#23 |
So Fucking Banned
Industry Role:
Join Date: Dec 2014
Location: somewhere down the road
Posts: 2,172
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#24 |
Confirmed User
Join Date: Dec 2009
Posts: 2,157
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How does it affect them? Both derive revenues from oil which is priced in USD. As for EUR/RUB cross trade, well the Ruble is massively lower already.
This is just another step in the currency wars, however the ECB has been experiencing deflation and is now set to announce massive QE which is why the swiss cut ties yesterday. And money is flooding into all the safe havens and partly because its aware that the Euro is going to fall a lot further when that happens. There's also a small risk of the USD doing QE4 this year or next year to help go into line with japan and euro zone, because dollar is too strong and because critics say the talk of raising rates is basically just a ruse to make it look like the economy is stronger than it really is. A lot of people are once again talking about EUR/USD parity which, this time, could actually happen. If I were you, i'd keep hold of your USD and/or have a small diversification (10% - 20%) into a non-government form of money like gold and silver. |
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#25 |
So Fucking Banned
Industry Role:
Join Date: Dec 2014
Location: Somewhere out there. :)
Posts: 1,329
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Oil dropping fast.
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#26 |
Biz Dev and SEO
Industry Role:
Join Date: Jun 2005
Posts: 15,139
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it's vice versa, 1EUR=1.247US
this went to 1.16 today.
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#27 |
Too lazy to set a custom title
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Join Date: Apr 2003
Location: World
Posts: 31,017
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What to do... change all in eur or keep in usd
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#28 |
你自己去他媽的
Industry Role:
Join Date: Mar 2008
Posts: 23,346
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my deposit is in US$ so that's good.
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#29 |
Marketing & Strategy
Industry Role:
Join Date: Jun 2001
Location: Former nomad
Posts: 14,293
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It's not the EUR going down, it's the USD going up, on the coat tails of the dropping price of oil.
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#30 |
TPMN
Industry Role:
Join Date: Jun 2014
Location: DE
Posts: 597
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1 Euro equals
1.15 US Dollar
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