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Re: OT: hoozah for the Euro! [message #319772 is a reply to message #319730] Fri, 29 February 2008 06:51 Go to previous messageGo to previous message
trooprm02 is currently offline  trooprm02
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Registered: August 2005
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Goztow wrote on Fri, 29 February 2008 01:22

trooprm02 wrote on Fri, 29 February 2008 00:24

Its not that the Euro is too high, but rather the US $ is shit.

It's hard to determine this... One could say the $ is underrated at the moment but if u look at the US trading balance, it's not that surprising that the € went over 1 € = 1 $. But the current course seems very high indd.


Ok let me put it this way:

1)CDN $-> 1.02 US $ hasn't been like this for 30 years

2)People keep talking about a US recession

Aka, US $ = shit atm


 
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