€ / $

starcapitan · Post by **starcapitan** » Sun Oct 21, 2007 2:46 pm

EUR / USD : 1,429 .. and it seems to go higher

EUR / GBP : 0,697

Let me know what u think about this situation

Phaseolus · Post by **Phaseolus** » Sun Oct 21, 2007 3:05 pm

Well the euro is going up in comparison to US $, but its growth regarding towards other currency is not that exponential. So the global of the euro is not so big considering other currencies.

The petrol is becoming more and more expensive and the dollar is weaker and weaker ; therefor, we live in quite stable energy-prices...

A strong euro can be seen as a hinder for export, but as we can produce with "cheap" raw materials, I do not feel that it really hurts.

I am now at the head of a company that exports 40% of its production ; I know that we are expensive, especially in third-world countries ; but my main problem is not the price of the €uro, but the cost of labour (especially in France

)

ART · Post by **ART** » Wed Oct 24, 2007 10:34 pm

starcapitan wrote:EUR / USD : 1,429 .. and it seems to go higher
Let me know what u think about this situation

It's a still bearable level.

starcapitan · Post by **starcapitan** » Fri Nov 02, 2007 3:00 pm

€ / $ : 1,4525 , new record after the 1,4503 of last 31 October.
In the evening of Moday 1 November petrol reached 96,24 $ in the after hours market.
In italy with the super € we feel less the petrol prize

claudio vda · Post by **claudio vda** » Fri Nov 23, 2007 3:29 pm

Yesterday evening 1 E = 1,49 S, but today only 1,48.
I'm waiting for 1,50: the champagne is waiting too ...

Beatminister · Post by **Beatminister** » Fri Nov 23, 2007 4:30 pm

I guess its not just the € getting stronger, but rather the US$ loosing value. I mean, not only the relative value in exchange rates but the objective value that it gets from representing the US economy. Really its the US and its financial situation that is weakening - no wonder after years of expensive warfare and bad leadership.

claudio vda · Post by **claudio vda** » Fri Nov 23, 2007 5:15 pm

Beatminister wrote: no wonder after years of expensive warfare and bad leadership.

No wonder at all! I hearded that in many country around the world the gouvernments are progressively changing the nationals reservs from dollars to euros, and that is another things that make euro stronger and dollar feebler.
Wednesday evening I was listenig on TV that an italian industry had problems in exportation in USA, they make brake for cars, what the solution? They bought an industry in USA! This sistem was used in Italy for years when our coin was feeble and now we do it with USA.... the history is changing

Beatminister · Post by **Beatminister** » Fri Nov 23, 2007 6:21 pm

Another decade of Bush-style government and we can buy the entire country.

claudio vda · Post by **claudio vda** » Fri Nov 23, 2007 6:41 pm

Beatminister wrote:Another decade of Bush-style government and we can buy the entire country.

Yes, but another decade of Bush-style administration and we will have war against: Iran, Siria, North Korea, Venezuela and an half dozen of other countries. Another decade of Bush-style administration and we will see all our cultures destroyed by stupid wars.
And I was forgotten the climate change, that mr Bush said, in 2004, that was a local probleme of Europe. Katrina has comed, but he didn't nothing and he had continued to pollue and pollue and pollue.

claudio vda · Post by **claudio vda** » Mon Nov 26, 2007 12:33 pm

Nobody can stop the gallop of the euro !

claudio vda · Post by **claudio vda** » Wed Feb 27, 2008 1:48 pm

Hi! In the last days I didn't look at the changes, but few minutes ago, at the television I heard that

1 E = 1,5088 $

interesting, isn't it?

vermeer · Post by **vermeer** » Wed Feb 27, 2008 3:14 pm

I remember that in 2003 the euro/dollar was 1,27.

Dakkus · Post by **Dakkus** » Wed Feb 27, 2008 3:34 pm

There was a time when it was also 1:1,5. Just the other way around..

claudio vda · Post by **claudio vda** » Wed Feb 27, 2008 7:05 pm

The record of today is 1 E = 1,5144 $

Ewri · Post by **Ewri** » Wed Feb 27, 2008 7:46 pm

Dakkus wrote:There was a time when it was also 1:1,5. Just the other way around..

In the early days of the Euro, there was a time where,
1€ = 1$ =100Yen. The latest cut in US and UK interest rates, might lead for a little recovery, though they have a lot of ground to recover.

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The gallop