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Thread: Euro to dollars

          
   
  1. 09-29-2011, 01:42 PM #1
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    lalasd
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    Default Euro to dollars

    Anyone think the dollar is going to be valued more than an euro soon? I think the dollar is getting stronger.
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  2. 09-29-2011, 02:01 PM #2
    Giannis
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    i think the euro is getting weaker..
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  3. 09-29-2011, 02:02 PM #3
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    Not sure if the dollar is getting stronger, but the euro is getting weaker.
    It is not what you did yesterday to affect you today as it is what you do today to influence others tomorrow - Me
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  4. 09-29-2011, 02:12 PM #4
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    Quote Originally Posted by Bigdaddy View Post
    Not sure if the dollar is getting stronger, but the euro is getting weaker.
    I think the dollar is also getting stronger. If you compare it to some of the other currencies it shows the dollar is worth more now.


    It might just be the euro getting weaker ...

    Canadian dollar is more than US dollar now
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  5. 09-29-2011, 02:58 PM #5
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    Quote Originally Posted by lalasd View Post
    I think the dollar is also getting stronger. If you compare it to some of the other currencies it shows the dollar is worth more now.


    It might just be the euro getting weaker ...

    Canadian dollar is more than US dollar now
    Canadian is less than the USD now.... $1 canadian will get you only $0.96 USD. It was up there though just recently within the last few months.




    Here is your Euro chart. We are still in support so really hard to call if we will see a lower Euro/Higher dollar. Below 1.3350 in the Euro and probably will see 1.2000. After 1.2000 we should head to 1.1000 then 0.9600. However, if we work above 1.4400 Euro you will see it go back to 1.7500 and the dollar tank. The trade I would take is sell Euro short at 1.3900 if you get the chance.




    and here is the USD....very weak on a longer term chart. It really has to move up and over 82.500 to become bullish.

    Last edited by M6Cabrio; 09-29-2011 at 03:07 PM.
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  6. 09-30-2011, 03:04 AM #6
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    music to my ears. i am going on a euro trip in a week!
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  7. 09-30-2011, 03:41 AM #7
    A.D
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    People are only buying USD now because the Swiss National Bank eliminated the CHF as a safehaven, and Japan is ready to do the same with the Yen. I don't think anything to do with the US situation is actually helping it lol. It's being pushed higher on people buying US bonds (notice the yields have been breaking historic lows).

    When Bernanke hits up QE3 you can say goodbye to it for a while.
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  8. 09-30-2011, 04:32 AM #8
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    sometimes i slap myself and wonder why i didn't short the USD during the time the economy tanked.
    buziness....for the businessman.
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  9. 09-30-2011, 05:23 AM #9
    A.D
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    You're sure to get another chance, don't worry lol.
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  10. 09-30-2011, 09:53 PM #10
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    I believe the Dollar is undervalued right now; the Euro over.
    "Education is an ornament in prosperity and a refuge in adversity."- Aristotle
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