Euro and British Pound falling, dollar extends rally

redrumloa

redrumloa

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http://biz.yahoo.com/cnnm/080815/081508_dollar.html

The dollar extended its rally Friday, hitting a nearly 2-year high against the pound and gaining further against the euro, amid troubling signs about the European economy.
The 15-nation euro slid to $1.4721 in New York from $1.4803 late Thursday. It has fallen more than 13 cents from its high of $1.6038 set on July 15.

The pound hit its lowest level in nearly two years against the dollar. The British currency fell to $1.8589 from $1.8685 the previous session.

The dollar also climbed against the Japanese yen, rising to ¥110.60 from ¥109.77 late Thursday.

The dollar has soared against a number of currencies in the past month as the economic outlook has worsened for other parts of the globe, most notably Europe.
Click to expand...

Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
 
http://biz.yahoo.com/cnnm/080815/081508_dollar.html

The dollar extended its rally Friday, hitting a nearly 2-year high against the pound and gaining further against the euro, amid troubling signs about the European economy.
The 15-nation euro slid to $1.4721 in New York from $1.4803 late Thursday. It has fallen more than 13 cents from its high of $1.6038 set on July 15.

The pound hit its lowest level in nearly two years against the dollar. The British currency fell to $1.8589 from $1.8685 the previous session.

The dollar also climbed against the Japanese yen, rising to ¥110.60 from ¥109.77 late Thursday.

The dollar has soared against a number of currencies in the past month as the economic outlook has worsened for other parts of the globe, most notably Europe.
Click to expand...

Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
 
http://biz.yahoo.com/cnnm/080815/081508_dollar.html

The dollar extended its rally Friday, hitting a nearly 2-year high against the pound and gaining further against the euro, amid troubling signs about the European economy.
The 15-nation euro slid to $1.4721 in New York from $1.4803 late Thursday. It has fallen more than 13 cents from its high of $1.6038 set on July 15.

The pound hit its lowest level in nearly two years against the dollar. The British currency fell to $1.8589 from $1.8685 the previous session.

The dollar also climbed against the Japanese yen, rising to ¥110.60 from ¥109.77 late Thursday.

The dollar has soared against a number of currencies in the past month as the economic outlook has worsened for other parts of the globe, most notably Europe.
Click to expand...

Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
 
http://biz.yahoo.com/cnnm/080815/081508_dollar.html

The dollar extended its rally Friday, hitting a nearly 2-year high against the pound and gaining further against the euro, amid troubling signs about the European economy.
The 15-nation euro slid to $1.4721 in New York from $1.4803 late Thursday. It has fallen more than 13 cents from its high of $1.6038 set on July 15.

The pound hit its lowest level in nearly two years against the dollar. The British currency fell to $1.8589 from $1.8685 the previous session.

The dollar also climbed against the Japanese yen, rising to ¥110.60 from ¥109.77 late Thursday.

The dollar has soared against a number of currencies in the past month as the economic outlook has worsened for other parts of the globe, most notably Europe.
Click to expand...

Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
 
http://biz.yahoo.com/cnnm/080815/081508_dollar.html

The dollar extended its rally Friday, hitting a nearly 2-year high against the pound and gaining further against the euro, amid troubling signs about the European economy.
The 15-nation euro slid to $1.4721 in New York from $1.4803 late Thursday. It has fallen more than 13 cents from its high of $1.6038 set on July 15.

The pound hit its lowest level in nearly two years against the dollar. The British currency fell to $1.8589 from $1.8685 the previous session.

The dollar also climbed against the Japanese yen, rising to ¥110.60 from ¥109.77 late Thursday.

The dollar has soared against a number of currencies in the past month as the economic outlook has worsened for other parts of the globe, most notably Europe.
Click to expand...

Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
 
http://biz.yahoo.com/cnnm/080815/081508_dollar.html

The dollar extended its rally Friday, hitting a nearly 2-year high against the pound and gaining further against the euro, amid troubling signs about the European economy.
The 15-nation euro slid to $1.4721 in New York from $1.4803 late Thursday. It has fallen more than 13 cents from its high of $1.6038 set on July 15.

The pound hit its lowest level in nearly two years against the dollar. The British currency fell to $1.8589 from $1.8685 the previous session.

The dollar also climbed against the Japanese yen, rising to ¥110.60 from ¥109.77 late Thursday.

The dollar has soared against a number of currencies in the past month as the economic outlook has worsened for other parts of the globe, most notably Europe.
Click to expand...

Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
 
USA is doing well in exports. The problem is the #1 area for exports is Europe. If the Euro falls too much they well may reduce USA purchases which will of course have a ripple effect back here.
 
USA is doing well in exports. The problem is the #1 area for exports is Europe. If the Euro falls too much they well may reduce USA purchases which will of course have a ripple effect back here.
 
USA is doing well in exports. The problem is the #1 area for exports is Europe. If the Euro falls too much they well may reduce USA purchases which will of course have a ripple effect back here.
 
USA is doing well in exports. The problem is the #1 area for exports is Europe. If the Euro falls too much they well may reduce USA purchases which will of course have a ripple effect back here.
 
USA is doing well in exports. The problem is the #1 area for exports is Europe. If the Euro falls too much they well may reduce USA purchases which will of course have a ripple effect back here.
 
USA is doing well in exports. The problem is the #1 area for exports is Europe. If the Euro falls too much they well may reduce USA purchases which will of course have a ripple effect back here.
 
redrumloa said:
Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
Click to expand...

This is related to the Bank of England's governor giving a very murky outlook a few days ago. Inflation and unemployment in Europe are following in the footsteps of the UK's - the eurozone economy is not in sync with the UK's, so we're a little ahead of our mates on the continent. The euro has been a very volatile currency ever since its launch - it goes up and down like a whore's knickers. Who can predict what it will do with its past. However, officially, recession has almost hit Germany, the engine behind the euro.

An export-encouraging (weaker) currency isn't necessarily a bad thing anyway. As you have seen in the US, exports will get a boost. However, Stirling/USD's value over the last 10 years has been about £1=$1.50ish, so the pound and euro are still quite strong against the USD, relatively.
 
redrumloa said:
Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
Click to expand...

This is related to the Bank of England's governor giving a very murky outlook a few days ago. Inflation and unemployment in Europe are following in the footsteps of the UK's - the eurozone economy is not in sync with the UK's, so we're a little ahead of our mates on the continent. The euro has been a very volatile currency ever since its launch - it goes up and down like a whore's knickers. Who can predict what it will do with its past. However, officially, recession has almost hit Germany, the engine behind the euro.

An export-encouraging (weaker) currency isn't necessarily a bad thing anyway. As you have seen in the US, exports will get a boost. However, Stirling/USD's value over the last 10 years has been about £1=$1.50ish, so the pound and euro are still quite strong against the USD, relatively.
 
redrumloa said:
Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
Click to expand...

This is related to the Bank of England's governor giving a very murky outlook a few days ago. Inflation and unemployment in Europe are following in the footsteps of the UK's - the eurozone economy is not in sync with the UK's, so we're a little ahead of our mates on the continent. The euro has been a very volatile currency ever since its launch - it goes up and down like a whore's knickers. Who can predict what it will do with its past. However, officially, recession has almost hit Germany, the engine behind the euro.

An export-encouraging (weaker) currency isn't necessarily a bad thing anyway. As you have seen in the US, exports will get a boost. However, Stirling/USD's value over the last 10 years has been about £1=$1.50ish, so the pound and euro are still quite strong against the USD, relatively.
 
redrumloa said:
Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
Click to expand...

This is related to the Bank of England's governor giving a very murky outlook a few days ago. Inflation and unemployment in Europe are following in the footsteps of the UK's - the eurozone economy is not in sync with the UK's, so we're a little ahead of our mates on the continent. The euro has been a very volatile currency ever since its launch - it goes up and down like a whore's knickers. Who can predict what it will do with its past. However, officially, recession has almost hit Germany, the engine behind the euro.

An export-encouraging (weaker) currency isn't necessarily a bad thing anyway. As you have seen in the US, exports will get a boost. However, Stirling/USD's value over the last 10 years has been about £1=$1.50ish, so the pound and euro are still quite strong against the USD, relatively.
 
redrumloa said:
Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
Click to expand...

This is related to the Bank of England's governor giving a very murky outlook a few days ago. Inflation and unemployment in Europe are following in the footsteps of the UK's - the eurozone economy is not in sync with the UK's, so we're a little ahead of our mates on the continent. The euro has been a very volatile currency ever since its launch - it goes up and down like a whore's knickers. Who can predict what it will do with its past. However, officially, recession has almost hit Germany, the engine behind the euro.

An export-encouraging (weaker) currency isn't necessarily a bad thing anyway. As you have seen in the US, exports will get a boost. However, Stirling/USD's value over the last 10 years has been about £1=$1.50ish, so the pound and euro are still quite strong against the USD, relatively.
 
redrumloa said:
Good sign for us in the US, bad for you Euros. We'll see if the trend continues..

USD -> EUR
http://finance.yahoo.com/currency/conve ... amt=1&t=3m

USD -> GBP
http://finance.yahoo.com/currency/conve ... it=Convert
Click to expand...

This is related to the Bank of England's governor giving a very murky outlook a few days ago. Inflation and unemployment in Europe are following in the footsteps of the UK's - the eurozone economy is not in sync with the UK's, so we're a little ahead of our mates on the continent. The euro has been a very volatile currency ever since its launch - it goes up and down like a whore's knickers. Who can predict what it will do with its past. However, officially, recession has almost hit Germany, the engine behind the euro.

An export-encouraging (weaker) currency isn't necessarily a bad thing anyway. As you have seen in the US, exports will get a boost. However, Stirling/USD's value over the last 10 years has been about £1=$1.50ish, so the pound and euro are still quite strong against the USD, relatively.
 
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