Dollar is going to rise!

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Dollar is going to rise!

Postby Bigeloww on Sun Oct 08, 2006 12:02 pm

Dollar is going to rise!
Good news for US

http://my.usatodays.us/money/myusatoday.html
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Postby Rage on Mon Oct 09, 2006 7:25 pm

Well that's some good news. Would be interesting if it beats the Euro. Wink
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Postby AresXP on Tue Oct 10, 2006 12:45 am

I wouldn't be able to tell, but if the American dollar raises, then gas prices in Canada will get very high... We're now 20cents under the average last year (88c compared to 106c a liter)... Or perhaps the Canadian dollar will rise as well... which is as bad, we wouldn't be able to export as much. Perhaps the next major war will be because the economy will collapse?
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Postby pugrit on Tue Oct 10, 2006 5:51 am

so much more for developing countries, if dollar goes up, many people developing countries will fall below the poverty line due to increase in basic commodities due to increase in dollar which will affect the prices of oil and other industrial as well as commercial products.

tsk tsk tsk..so many rely on US dollar, esp. developing to poor countries.
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Postby Pete on Wed Oct 11, 2006 1:31 am

asdfasd asdf
Last edited by Pete on Sun Oct 29, 2006 3:35 pm, edited 1 time in total.
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Postby fixz on Wed Oct 11, 2006 9:34 am

This is good news for me. It is simple my father is working on a shit and gets his salary in USA dollars, but when the dollar is low his salary in bulgarian levs is lower, so lets the dollar beat the euro.

Greetings.
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Postby Rage on Wed Oct 11, 2006 7:23 pm

That's a very good point Pete. I'll be taking a Macroeconomics course next semester and hopefully I'll be able to understand more of how our international trade system works.
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Postby Pete on Fri Oct 13, 2006 12:07 am

45Y DRT
Last edited by Pete on Sun Oct 29, 2006 4:02 pm, edited 1 time in total.
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Postby TomH on Fri Oct 13, 2006 9:55 am

Good time to buy some dollars then Cool
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Postby spit on Sun Oct 15, 2006 7:00 pm

I hope it doesn't rise because, as we all know, the value of the dollar affects the economy of every country. So, Down dollar, down boy!
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Postby Samppa on Sun Oct 22, 2006 11:00 am

About time it rose, I got myself some dollars about two years ago when the price was lowlowlow. It's taken considerate time to pay itself back..

Of course looking at it from the global perspective, d'oh. And don't you just get a kick when the euro is stronger than the dollar Wink
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Postby thebeast on Thu Oct 26, 2006 11:35 am

Yeah Euro is strong and dollar will never more raises up to reach euro price or get higher. Euro is now sayng about economy :-) Soon dollar will be forgoten i think so.
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Postby shag on Sun Oct 29, 2006 4:23 pm

It will rise and then fall again, as more dollars enter the market the price goes down but as those get used up it goes back up again. It is a never ending cycle lol.
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