On Tuesday:

1 EUR = US$ 1.29184 as of 2005.04.12 21:39 Universal Time (GMT).

On Thursday:

1 EUR = US$ 1.28080 as of 2005.04.14 17:44 Universal Time (GMT).

www.xe.com

K Meat

LOL, wait until May 30th, the day after the Frogs hold their referendum. THEN there will be a financial crisis of epic proportions throughout euroland

i've been watching
K +

WHAT DID YOU SAY?

This really is because of the political unstibility of the EU.

the big reason for the over valued euro has been the US deficits, we just had another record deficit posted and the dollar is still going up. looks like those deficits aren't as scary as the economic and political mess of the EU.

people want to buy American assets and don't want their money stuck in the unstable euro of the stangnant EU.

YQ, I'm gonna call you soup, like alphabet soup. That name is ridiculous so my nickname for you is frog soup and soup for shot.

did you draw that trendline or did that french site draw it for you. a trendline is the line under the price line, its not supposed to curve you twat.

in fact if you had a true trendline you would see the last peak is below the trendline, meaning the wind has been taken out of the sail. bye bye rising euro, flush zee toilet, the ride is over, short zee fucker, the euro can't get it up anymore, zee limp frog penis has more strenght than zee euro. zee euro is about to jump off of a cliff, zee euro is suicidal.

your a moron so I did my best to explain it in laymans terms

If interest rates keep going up, the dollar should go up. That's a more important factor longterm than european stability.

Should auld acquaintance be forgot,

And never brought to mind?

Should auld acquaintance be forgot,

And days of auld lang syne?

You are so cute!

For quite some time now we have always had this soft-currency feel when we paid things in US dollars. I mean, you are still somewhat mentally used to this parity thing between the Euro and the USD. And then you are always reminded that you only have to pay two thirds of the price as denominated in USD. Not that I would have complained LOL. I often buy books and digital products for computer grafics that happen to be sold in USD. I don't complain whenever I get a 33% reduction simply because I am from Euroland LOL

But of course I see that my country's role as world export champion would surely profit from a falling Euro. A falling Euro makes Euroland exports more attractive in the US. Parity between the USD and the Euro would be anything but a tragedy. At least on our side of the Atlantic...

ABN Advises Options for Bet Against Euro Before French EU Vote

April 14 (Bloomberg) -- ABN Amro Holding NV recommended that investors use options to bet against the euro before a referendum in France next month on the European Union's draft constitution, because the country may reject the charter.

``The markets don't seem to be factoring in any risk, and maybe that's a bit over-optimistic,'' said Shahab Jalinoos, a currency strategist at ABN Amro in London. ``Investors are beginning to take this quite seriously.''

At least eight polls in the past three weeks have signaled most French voters are opposed to the constitution. Dresdner Kleinwort Wasserstein AG also said today a rejection by the French may crimp demand for the euro. A French refusal would deal a blow to the treaty, which requires unanimous support among the 25-nation bloc.

ABN recommends buying euro puts, which are options to sell the currency, and selling calls, which are options to buy the euro. Investors will make money from the strategy should the euro decline, or should the volatility for puts increase more than for calls, Jalinoos said.

ABN, the largest Dutch bank, recommended the strategy for the euro against the dollar, pound, Swiss franc and Swedish krona.

``Volatility is fairly low right now and it makes sense to bet on higher volatility,'' said Jalinoos. ``The market is pricing in zero risk from the referendum and we think the risk is more than zero.''

Call options give holders the right to buy a currency at a set date and price, known as the strike price. Put options give the holders the right to sell. So-called two-month risk reversals, the difference in volatility between put and call options, show traders are prepared to pay equal prices for calls and puts on the euro against the dollar.

The euro traded at $1.2817 at 12:30 p.m. in New York, down 5.4 percent so far this year.

No `Serious' Competitor

The EU's draft constitution, which requires unanimous support among the union's members, was signed by EU leaders in October and is intended to streamline EU operations after the addition of 10 states including Poland and Hungary last year.

Without the new voting arrangement included in the draft charter, the 25-member union may be unable to achieve further political integration, the analysts wrote, raising the risk of a breakup of the 12-nation group that shares the euro.

``A failure to ratify the new constitution will serve as a reminder that the euro is not yet in serious competition with the dollar as the world's main reserve currency,'' Sonja Marten, a currency strategist at Dresdner in Frankfurt, wrote in a report today. Such a result may slow any shift out of dollars and into euros, she wrote.

Currency Reserves

The dollar fell the most in six months against the euro and the most in four months versus the yen on Feb. 22 after the Bank of Korea announced plans to increase returns by diversifying its currency reserves. The bank later said it wouldn't sell dollars.

U.S. dollars accounted for 63.8 percent of the world's currency reserves, which are foreign-exchange holdings at central banks, at the end of 2003, down from 66.9 percent two years before, according to International Monetary Fund figures released in the fund's report for the year through April 2004.

Marten was not immediately available to comment on the report.

here is frogs chart with a trendline, notice since january it hasn't been able to break through. Thats weakness, I don't play currencies but if I did I'd be betting against the euro.

The "normal" rate of the Euro is around $1.15
A crash would be under $0.80

Should Americans buy up the EU after it crashes?

Or is it smarter, long term, to let them rot?

Should Americans buy up the EU after it crashes?

With what ? Your deficit(s) ?

I gave you a Karma by mistake, don't get used to it. (Fucking Faugères ! )

With what ? Your deficit(s) ?

With American people's individual wealth. Duh!

You K'ed me 'cause, secretly, you love me.

But of course I see that my country's role as world export champion would surely profit from a falling Euro. A falling Euro makes Euroland exports more attractive in the US. Parity between the USD and the Euro would be anything but a tragedy. At least on our side of the Atlantic...

You are not wrong about that.
But it also means that you'll have to put more cash to buy American things.

You are so cute!

I often buy books and digital products for computer "grafics" that happen to be sold in USD. I don't complain whenever I get a 33% reduction simply because I am from Euroland LOL

Maybe we poor dumb American's can get some of those GRAFICS, you are so fond of, what exactly is a GRAFIC? LOL LOL LOL LOL LOL. what the fuck is it with you AOL euroweenie fag's? lol.

Hey you were happy when Euro climbed and now you are happy when he drops.
Each situation have advantages for example when Euros is hight the oil is less expensive when it's low our product are more competitive abroad.
I wish euro to keep dropping.

We'll have a "world currency" before too long.

Karma + Uncle_Meat
Karma + Bombs_Away_LeMay

Tic tock, tic tock, TIC TOCK…



Isn't karma a bitch?

Hey you were happy when Euro climbed and now you are happy when he drops.

it's indeed a weird situation for us germans... when the currency is high you got effectively more money in the pocket, but economy suffers which has bad long term effects...

if the currency is low less money, but better economy and long term effects...

so noone here is really shure if it's good if the currency is low or high...

High dollar means better economy for Europe as a whole while a High euro means somehwhat of a help for the US ecomony, but not as great as the US dollar is for the EU.

So much hate, they hate their ally more then the eniemy China. What a shame. I guess its another repeat of the early 20th century with the US negative and all. Id give it another 20 years till another major war begins. And close to the same areas this time EU and China instead of Germany and Japan.

It's funny how history repeats itself.

Notice how the US has done NOTHING about the dollar vs euro?!

I have always thought this was economic warfare on the euro. Hey, war can be
economic as well.

Not good in the long run for a low dollar, but our wiggle room is great and the euro
may just collapse first. hehehehehee

So easy to play the eurotards....they have NO concept of macro economics.