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The Euro at $1.55



 
 
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  #1  
Old March 12th, 2008, 07:42 PM posted to rec.travel.europe
Alfred Molon[_6_]
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Default The Euro at $1.55

and oil at $107. According to forecasts the Euro might climb to $1.60.
China apparently has started reducing its dollar reserves.
--

Alfred Molon
http://www.molon.de - Photos of Asia, Africa and Europe
  #2  
Old March 12th, 2008, 08:21 PM posted to rec.travel.europe
EvelynVogtGamble(Divamanque)
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Posts: 2,816
Default The Euro at $1.55



Alfred Molon wrote:
and oil at $107. According to forecasts the Euro might climb to $1.60.
China apparently has started reducing its dollar reserves.


I think you have it backward - the problem is not that the euro is
"climbing", but that the dollar is SHRINKING!
  #3  
Old March 12th, 2008, 09:23 PM posted to rec.travel.europe
Hatunen
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Default The Euro at $1.55

On Wed, 12 Mar 2008 13:21:43 -0700,
"EvelynVogtGamble(Divamanque)" wrote:



Alfred Molon wrote:
and oil at $107. According to forecasts the Euro might climb to $1.60.
China apparently has started reducing its dollar reserves.


I think you have it backward - the problem is not that the euro is
"climbing", but that the dollar is SHRINKING!


Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.

--
************* DAVE HATUNEN ) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
  #4  
Old March 12th, 2008, 09:30 PM posted to rec.travel.europe
Alfred Molon[_6_]
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Posts: 996
Default The Euro at $1.55

In article , Hatunen says...

Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.


And some US companies are charging in Europe for their products the
dollar price in Euro. They must be thinking Europeans are stupid.
--

Alfred Molon
http://www.molon.de - Photos of Asia, Africa and Europe
  #5  
Old March 12th, 2008, 11:42 PM posted to rec.travel.europe
Hatunen
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Posts: 4,483
Default The Euro at $1.55

On Wed, 12 Mar 2008 22:30:32 +0100, Alfred Molon
wrote:

In article , Hatunen says...

Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.


And some US companies are charging in Europe for their products the
dollar price in Euro. They must be thinking Europeans are stupid.


Such a policy would last only so long as it worked. Does it?

Please name a few of these products.

--
************* DAVE HATUNEN ) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
  #6  
Old March 13th, 2008, 01:54 PM posted to rec.travel.europe
Alfred Molon[_6_]
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Posts: 996
Default The Euro at $1.55

In article , Hatunen says...

Please name a few of these products.


To make a couple of examples:

1. Initially Apple was charging its European customers the same amount
in Euro it was charging US customers in dollars for song downloads.

2. The other day I was looking for an instant messenger software for the
Palm Centro. Found QuickIM, which costs $30 to Americans and 30 Euro to
Europeans.
--

Alfred Molon
http://www.molon.de - Photos of Asia, Africa and Europe
  #7  
Old March 13th, 2008, 12:20 AM posted to rec.travel.europe
Mxsmanic
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Posts: 5,830
Default The Euro at $1.55

Alfred Molon writes:

And some US companies are charging in Europe for their products the
dollar price in Euro. They must be thinking Europeans are stupid.


They are partly correct. The British have been playing that game with pounds
and euro for ages, and many of their consumers still seem to have no clue.
  #8  
Old March 13th, 2008, 12:19 AM posted to rec.travel.europe
Mxsmanic
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Posts: 5,830
Default The Euro at $1.55

Hatunen writes:

Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.


But the euro has not risen; the dollar has fallen. That's an important
distinction.
  #9  
Old March 13th, 2008, 06:57 AM posted to rec.travel.europe
Dusty Furtile Morrocan
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Posts: 387
Default The Euro at $1.55

On the particular moment of Thu, 13 Mar 2008 01:19:09 +0100 in
relation to Mary's disappointingly immaculate rumpy pumpy, Mxsmanic
put forth:

Hatunen writes:

Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.


But the euro has not risen; the dollar has fallen. That's an important
distinction.


The Euro has risen, but not nearly as much as the dollar has fallen.
--
---
DFM - http://www.deepfriedmars.com
---
--
  #10  
Old March 13th, 2008, 10:24 PM posted to rec.travel.europe
EvelynVogtGamble(Divamanque)
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Posts: 2,816
Default The Euro at $1.55



Mxsmanic wrote:
Hatunen writes:

Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.


But the euro has not risen; the dollar has fallen. That's an important
distinction.


One I was also trying to make - but it fell on deaf ears.
 




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