MicrostockGroup

Microstock Photography Forum - General => Off Topic => Topic started by: Slovenian on July 09, 2011, 10:17

Title: Dollar/EUR exchange rate finally begining to normalize
Post by: Slovenian on July 09, 2011, 10:17
I'm just waiting for it to drop below 1,35 (1,42 currently) and then I'm gonna cash the sheat out of all sites  ;D
Title: Re: Dollar/EUR exchange rate finally begining to normalize
Post by: Slovenian on July 25, 2011, 08:45
My excitement was premature. As I just heard on the news America could go bankrupt, if they're not going, they're just going to print huge amounts of dollars like they always do (do some reading if you don't understand), which brings inflation and causes exchange rate to get even worse, way worse than it already is.
Title: Re: Dollar/EUR exchange rate finally begining to normalize
Post by: caspixel on July 25, 2011, 12:39
I would recommend cashing out before August 2. Just in case.
Title: Re: Dollar/EUR exchange rate finally begining to normalize
Post by: Slovenian on July 25, 2011, 12:49
I hope it will at least drop below 1.4, Greece should mess something up fast :) .

I can't believe how much money we're loosing I hope at least some agencies will switch to EUR soon.
Title: Re: Dollar/EUR exchange rate finally begining to normalize
Post by: qwerty on July 26, 2011, 03:14
I remember when the USD was 0.49 to the australian dollar today it is 1.09

I wish they'd put the interest rates up in the US and down in Australia. (it would help my home loan aswell)
Title: Re: Dollar/EUR exchange rate finally begining to normalize
Post by: Noodles on July 26, 2011, 03:51
Quote from: qwerty on July 26, 2011, 03:14
I remember when the USD was 0.49 to the australian dollar today it is 1.09

I know, its totally sick. But the economy is good here in Oz, compared to many other countries, so I use my US dollars to buy goods directly from the States at crazy low prices.
Title: Re: Dollar/EUR exchange rate finally begining to normalize
Post by: Slovenian on August 04, 2011, 09:59
Quote from: caspixel on July 25, 2011, 12:39
I would recommend cashing out before August 2. Just in case.

No change what so ever, I guess they made way too many compromises to really affect the exchange rate. And it looks like there's no long term potential in US economy and you can't just print those dollars forever, making money out of nothing. It's only going to make dollar even weaker...