Thread: USD - Euro
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Old 11-24-2007, 01:47 PM
dazraf69 dazraf69 is offline
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Default Re: USD - Euro

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The dollar being at an all time low is hurting a lot of other nations such as the European Union. Their high Euro is having negative impacts on their economy. So I would imagine that the dollar will NOT drop for the next couple years compared to the Euro.

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if someone started to offer their goods to me at a cheaper price i guess i would refuse since thats bad for my economy?

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I simply don't think the US dollar will drop significantly against the Euro. I realize all the arguments against my hypothesis, but I still feel that some action will be taken. I still believe the dropping dollar was led by the US for compensation of our large trade deficit and there is more control of US currency than most like to believe. This is not to imply the dollar will go up in value either. Simply speculation though, hence the reason I do not trade currencies. [img]/images/graemlins/wink.gif[/img]
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