f.pier
Posts: 1405
Joined: Fri Aug 25, 2000 2:50 am

Why The € Is Stronger At The Year End?

Sun Dec 03, 2006 6:33 pm

It happened almost every year end (against the $)



You can easily see this at the end of 2000, 2002, 2003, 2004, 2005 and now it's still going on. Please note the maximum, on 28 Dec.

The € becomes stronger at year end and weaker in summer.

Do you have idea of the reasons?

[Edited 2006-12-03 10:34:52]
 
baroque
Posts: 12302
Joined: Thu Apr 27, 2006 2:15 pm

RE: Why The € Is Stronger At The Year End?

Sun Dec 03, 2006 8:20 pm

Santa buys Euros and shorts US dollars.
 
GOTbound
Posts: 245
Joined: Fri Oct 27, 2006 6:06 am

RE: Why The € Is Stronger At The Year End?

Mon Dec 04, 2006 12:42 am

Summer time, tourists buy $ for there Euros?

EK
 
AirTranTUS
Posts: 3313
Joined: Tue Jun 21, 2005 9:12 am

RE: Why The € Is Stronger At The Year End?

Mon Dec 04, 2006 4:07 am

Quoting F.pier (Thread starter):
Why The € Is Stronger At The Year End?

That's when Airbus sells the most airplanes.  duck 
I love ASO!
 
RichPhitzwell
Posts: 1285
Joined: Mon Jul 24, 2006 5:19 am

RE: Why The € Is Stronger At The Year End?

Mon Dec 04, 2006 1:26 pm

This really really sucks...Im going to Europe for a month starting in a week.

Will all of you over there please screw up your economy starting now for me, please. Perhaps I can send some of my best friends from congress over to help out.
Nonav.com kinda like Whiners except the lights are on and the pimps been paid
 
Doona
Posts: 3382
Joined: Fri Feb 18, 2005 9:43 am

RE: Why The € Is Stronger At The Year End?

Mon Dec 04, 2006 8:32 pm

Quoting RichPhitzwell (Reply 4):

Will all of you over there please screw up your economy starting now for me, please. Perhaps I can send some of my best friends from congress over to help out.

Well, some of us are considering flying over to you fine people after Christmas (plane tickets to the US are really cheap this spring) and spending lots of our cheaply purchased US dollars on... whatever, really. Won't do our own economy any good, and if it's not getting better, it's getting worse, right? However, when hordes of Europeans come and spend lots and lots och dollars in the US, you'll get flooded by (comparatively) cheap dollars.

Oh well. Merry Christmas, you damn hippies.

Cheers
Mats
Sure, we're concerned for our lives. Just not as concerned as saving 9 bucks on a roundtrip to Ft. Myers.

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