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Euro falls against the dollar ...

Discussion in 'Current Affairs' started by Philly_kop, Jan 21, 2008.

  1. Philly_kop

    Philly_kop
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  2. Dub13

    Dub13
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    A week $ is great for us heading over there,a guy was on the radio last week and said Ireland is the 122 smallest country in the world but we are the third biggest spenders in New York after the Canadians and the Brits.
     
  3. Garrett

    Garrett
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    Bottom line here mate, is it looks like the USD$ is going to stay weak against the Euro for quite a while yet ... US Fed is due to drop interest rates further, European Central Bank is resisting temptation to drop the Euro rates, net result being less demand for USD$ & hence, a weaker USD$.

    Add to the equation the fact that much of the word is waiting for a chance in the US President, before deciding to invest in the US & again, you've got less demand for USD$ & so, a weaker currency.

    Suggest you only convert your USD$ as you really need to.
     
  4. Philly_kop

    Philly_kop
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    It's all good ... I'll be getting paid in euros in a few months!
     
  5. Garrett

    Garrett
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    Lol :d
     

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