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Message
re: EURO cost
Posted on 5/19/17 at 11:06 am to Lou Pai
Posted on 5/19/17 at 11:06 am to Lou Pai
quote:
That said, the dollar has weakened mainly due to the DC bull shite going on right now.
Yeah that's just not true. Please don't try and bring the poli board over here.
The Recent move to a stronger euro is due to several factors within both economies. The markets betting odds on a fed rate hike in June has been decreasing and now there are many doubting if we will have another hike this year. This is being driven by the low core inflation growth numbers. Meanwhile the EU has had some stronger than expected numbers recently in their unemployment rate. If you want to get political with it Macron's win in France has a lot more to do with the recent Dollar/Euro exchange rate movement
1
Posted on 5/19/17 at 11:10 am to HYDRebs
Go look at a DXY chart, ya nutstrap. This isn't poliboard bullshite. Eta: I also went to great lengths to say it was only one factor, you try-hard.
This post was edited on 5/19/17 at 11:20 am
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