How will the euro go?

In article , Martin
wrote:

On Sat, 11 Jun 2005 11:39:26 -0700, Go Fig wrote:

In article , Martin
wrote:

On Sat, 11 Jun 2005 17:31:44 GMT, "Frank F. Matthews"
wrote:



Martin wrote:

On Sat, 11 Jun 2005 01:58:38 GMT, "Frank F. Matthews"
wrote:



Hatunen wrote:

On Fri, 10 Jun 2005 22:18:27 GMT, "Frank F. Matthews"
wrote:



Hatunen wrote:



On Fri, 10 Jun 2005 17:27:17 +0200, Earl Evleth
wrote:




The trade deficit is still high and
not affected the current dollar/euro
rate, in fact the dollar rose today to 1.212.


Rose fromn what? On 9 June it was 1.223.


It rose from (1/1.223) to (1/1.212) euros that is.


Stupid me. You did say the DOLLAR rose, didn't you.

That's right. The number of euros that you get for a dollar rose from
(1/1.223) or 0.81766 to 1/1.212 or 0.82508 thus the value of a US
dollar
rose by slightly under 3/4 of a euro cent.


Fell! You get less Euros for your dollar now.




The euro fell the dollar rose as originally stated.

You can state it as often as you like the rest of us use what the ECB
says.

You exchange much money directly with the ECB ?

and the point of your question is ?

Market spot rates are a better measure for a tourist.

jay
Sat Jun 11, 2005

In article , Martin
wrote:

On Sat, 11 Jun 2005 12:05:09 -0700, Go Fig wrote:

In article , Martin
wrote:

On Sat, 11 Jun 2005 11:39:26 -0700, Go Fig wrote:

In article , Martin
wrote:

On Sat, 11 Jun 2005 17:31:44 GMT, "Frank F. Matthews"
wrote:



Martin wrote:

On Sat, 11 Jun 2005 01:58:38 GMT, "Frank F. Matthews"
wrote:



Hatunen wrote:

On Fri, 10 Jun 2005 22:18:27 GMT, "Frank F. Matthews"
wrote:



Hatunen wrote:



On Fri, 10 Jun 2005 17:27:17 +0200, Earl Evleth
wrote:




The trade deficit is still high and
not affected the current dollar/euro
rate, in fact the dollar rose today to 1.212.


Rose fromn what? On 9 June it was 1.223.


It rose from (1/1.223) to (1/1.212) euros that is.


Stupid me. You did say the DOLLAR rose, didn't you.

That's right. The number of euros that you get for a dollar rose
from
(1/1.223) or 0.81766 to 1/1.212 or 0.82508 thus the value of a US
dollar
rose by slightly under 3/4 of a euro cent.


Fell! You get less Euros for your dollar now.




The euro fell the dollar rose as originally stated.

You can state it as often as you like the rest of us use what the ECB
says.

You exchange much money directly with the ECB ?

and the point of your question is ?

Market spot rates are a better measure for a tourist.

I'm not a tourist. I doubt that the market spot rate was moving in the
opposite direction to the ECB trend.

The figures posted, wherever they came from, contradict you.

Contradict me, hardly, I made no opinion... just that I prefer the spot
market value rather than a less dynamic intra day rates of Central
Banks.

jay
Sat Jun 11, 2005




"That's right. The number of euros that you get for a dollar rose
from (1/1.223) or 0.81766 to 1/1.212 or 0.82508 thus the value of a US
dollar"

On Sat, 11 Jun 2005 17:32:01 +0200, nitram
wrote:

On Fri, 10 Jun 2005 15:24:42 -0700, Hatunen wrote:

On Fri, 10 Jun 2005 17:27:17 +0200, Earl Evleth
wrote:

The trade deficit is still high and
not affected the current dollar/euro
rate, in fact the dollar rose today to 1.212.

Rose fromn what? On 9 June it was 1.223.

ECB rate today is 1.2229

According to www.oanda.com, the interbank rate as of 17:05 EDT 11
June is 1.212

************* DAVE HATUNEN ) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *

Martin wrote:

On Sat, 11 Jun 2005 17:31:44 GMT, "Frank F. Matthews"
wrote:



Martin wrote:


On Sat, 11 Jun 2005 01:58:38 GMT, "Frank F. Matthews"
wrote:



Hatunen wrote:


On Fri, 10 Jun 2005 22:18:27 GMT, "Frank F. Matthews"
wrote:




Hatunen wrote:




On Fri, 10 Jun 2005 17:27:17 +0200, Earl Evleth
wrote:





The trade deficit is still high and
not affected the current dollar/euro
rate, in fact the dollar rose today to 1.212.


Rose fromn what? On 9 June it was 1.223.


It rose from (1/1.223) to (1/1.212) euros that is.


Stupid me. You did say the DOLLAR rose, didn't you.


That's right. The number of euros that you get for a dollar rose from
(1/1.223) or 0.81766 to 1/1.212 or 0.82508 thus the value of a US dollar
rose by slightly under 3/4 of a euro cent.


Fell! You get less Euros for your dollar now.




The euro fell the dollar rose as originally stated.


You can state it as often as you like the rest of us use what the ECB
says.



http://www.ecb.int/stats/exchange/eu.../index.en.html

Note the little red arrow pointing down against the USD.


If their comment refers to the time frame with the data given then they
mucked up.

On 11/06/05 19:31, in article ,
"Frank F. Matthews" wrote:

Fell! You get less Euros for your dollar now.




The euro fell the dollar rose as originally stated.


I regularly use the ATMs to transfer money from the US into Europe
in 200 or 300 euro hunks. So the move from 1.35 dollars per
euro (300 euros = $405) to 1.22 (300 euros= $366) is a $40 saving
so that appears as a personal improvement, not great but better.
Even better was when the dollar was at 0.90 dollars/euro (300 euros
= $270).

Earl

Even better was when the dollar was at 0.90 dollars/euro (300 euros
= $270).
Earl

Earl, the chemist, just can't resist "spinning" the numbers even on
subjects he knows zilch about.
He just can't help himself.

Survey: Many Scientists Admit Deceit....
By Rick Weiss
The Washington Post
Friday June 10, 2005

"Few scientists fabricate results from scratch.... but a surprising
number engage in troubling degress of fact bending
or deceit, according to the first large scale survey of scientific
misbehavior"....

On Sat, 11 Jun 2005 08:52:59 -0700, Go Fig wrote:

In article , nitram
wrote:

On Fri, 10 Jun 2005 15:24:42 -0700, Hatunen wrote:

On Fri, 10 Jun 2005 17:27:17 +0200, Earl Evleth
wrote:

The trade deficit is still high and
not affected the current dollar/euro
rate, in fact the dollar rose today to 1.212.

Rose fromn what? On 9 June it was 1.223.

ECB rate today is 1.2229

With the EU Counsel meeting this week about issues that are at the root
of the relationship... short term strength in the Euro is put into
further question.

And you life with still be **** no matter what the result. Whatever
those frogs did to you, it must've hurt.
--
---
DFM - http://www.deepfriedmars.com
---
--

Martin wrote:

On Sun, 12 Jun 2005 02:58:42 GMT, "Frank F. Matthews"
wrote:



Martin wrote:


On Sat, 11 Jun 2005 17:31:44 GMT, "Frank F. Matthews"
wrote:



Martin wrote:



On Sat, 11 Jun 2005 01:58:38 GMT, "Frank F. Matthews"
wrote:




Hatunen wrote:



On Fri, 10 Jun 2005 22:18:27 GMT, "Frank F. Matthews"
wrote:





Hatunen wrote:





On Fri, 10 Jun 2005 17:27:17 +0200, Earl Evleth
wrote:






The trade deficit is still high and
not affected the current dollar/euro
rate, in fact the dollar rose today to 1.212.


Rose fromn what? On 9 June it was 1.223.


It rose from (1/1.223) to (1/1.212) euros that is.


Stupid me. You did say the DOLLAR rose, didn't you.


That's right. The number of euros that you get for a dollar rose from
(1/1.223) or 0.81766 to 1/1.212 or 0.82508 thus the value of a US dollar
rose by slightly under 3/4 of a euro cent.


Fell! You get less Euros for your dollar now.




The euro fell the dollar rose as originally stated.


You can state it as often as you like the rest of us use what the ECB
says.



http://www.ecb.int/stats/exchange/eu.../index.en.html

Note the little red arrow pointing down against the USD.


If their comment refers to the time frame with the data given then they
mucked up.


The ECB mucked up?
LOL!!!


If they claimed that a change from 1.223 to 1.212 represents a drop in
the dollar as was stated then they mucked up the simple arithmetic. I
will agree that it is more likely that the person posted misinterpreted
the down arrow as a drop in the dollar instead of a drop in the euro but
that's up to the person who made the post. Another possibility is that
the rates that they were using were different from those stated 1.223
to 1.212 in the OP.

The rest is arithmetic and I will restate that anyone even the ECB who
states that a change in the rate of euros from 1.223 to 1.212 euros to
the dollar represents a drop in the value of the dollar cannot do
arithmetic.