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Non-Tech
The US Dollar vs the Euro and a discussion over exchange rat
An SI Board Since December 2004
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Emcee:  Alfred W. Post Type:  Unmoderated
When I returned back to Switzerland in 1971 after having lived and worked in the USA for 20 happy years (eye problems made it impossible to drive a car) I exchanged my saved Dollars into Swiss Francs and for each $ I got Fr. 4.30 while the exchangrate now stands at only one $ for Fr. 1.14.
When several years ago the Euro as the currency of the EU was created there was wide disbelieve, if the Euro could stand up against the allmighty
Dollar and at first the Euro was losing ground against the dollar. No longer, now the Euro gains on strength as the dollar is losing its. While the Bush administration claims to be in favor of a strong Dollar, the massive budget deficits and the constsntly negative trade ballance are blamed for the miserable performance of the dollar. While this situation is beneficial for the US export industry, sceptics fear that it is only a matter of time until the Japanese and other Asian countries will stop buying US treasuries an thus finance the budget deficit. And then the treasury would have to make buying its debt issues more attractive so US citizans would buy them, which would mean higher interest rates and that in turns would be very bad for the economy and the stock market.

This forum is started to discuss the problems asociated with foreign exchang rates and its influence on the economy and the stock and bond markets.
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57With the European Central bank anouncing a possible increase in the interest ratAlfred W. Post-11/21/2005
56As you must have noted, the $ is showing strength while the Euro is falling and Alfred W. Post-11/8/2005
55The Debt To the Penny Current Amount 11/04/2005 $8,028,449,1sammy™ -_--11/7/2005
54When Greenspan mention it so bluntly, how can that help the dollar?: - CreepinAlfred W. Post-8/26/2005
53Berlusconi has a hard time to distinguish between his personal and the countriesAlfred W. Post-8/8/2005
52The euro has screwed everybody - Berlusconi The Guardian ^ | Friday July 29, 200paret-7/29/2005
51Right you are! We are always tempted to extrapolate strait line and in doing thiAlfred W. Post-7/13/2005
50it's a one time thing, but the cash flows are not insignificant. Take a loonigel bates-7/12/2005
49I just read the comment of Pepsi that was issued with its quarterly report. In iAlfred W. Post-7/12/2005
48Hey Nigel, even though the news was baked in, it seems to be having some impact cbzcouse-6/20/2005
47After, I think, but it was pretty clear which way things were going well before nigel bates-6/18/2005
46Does anyone know if the news about the EU Budget Summit failure came out before cbzcouse-6/17/2005
45There is now serious discussion in Europe of the possibility of the euro fallingnigel bates-6/6/2005
44Right you are - it us a matter on how you look at it. With most of my assets in Alfred W. Post-6/6/2005
43<i>All this points to a stronger dollar</i> I prefer to see it as anigel bates-6/2/2005
42As predicted the Dutch rejected the EU constitution even more strongly and now Alfred W. Post-6/2/2005
41Dollar Hits Eight-Month High Against Euro Wednesday June 1, 6:55 am ET By Matt Alfred W. Post-6/1/2005
40The raise in the value of the greenback is on - because of the Memorial holiday Alfred W. Post-6/1/2005
39Surprise, As the French voters rejected the EU-constitution the dollar did only Alfred W. Post-5/30/2005
38If the Chinese yield the demand of the American government to revalue their currAlfred W. Post-4/27/2005
37The Greek government has ratified the European constitution. FredAlfred W. Post-4/20/2005
36Nigel you are absolutely right, I guess in the majority of countries no referendAlfred W. Post-4/20/2005
35<i>despite warm recommandation by pres. Chiraq...</i> Because of, snigel bates-4/18/2005
34A recent sureway showed that in the forthcomming vote on the European constitutiAlfred W. Post-4/18/2005
33<i>Splendid article by Anatole Kaletsky in Tuesday's Times...</i>nigel bates-4/14/2005
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