Euro J

What is the Euro vs Dollar exchange rate forecast for next 60 days? I am travelling to Europe in mid Sept and was wavering whether or not I should buy my Euros now at 1.28 or should I wait and hope that it drops again. I should have bought when it was at 1.19 recently.

question about the euro vs. dollar exchange rate? OK I'm getting married in Greece in August. I'm paying for everything in Euro. I live in the US. Is it good for me that the Euro is going down? I thought it was but i did a currency converter and my 2,300 Euro wedding costs me $2,927 USD! Is that right?!?! I'm sure this is a stupid question so sorry about that but any insight is appreciated!

Where can I find a live exchange rate of Euro vs US Dollar or...? Where can I find a live exchange rate of Euro vs US Dollar or of British Pound vs US dollar?

I just recently saw that the exchange rate for the dollar vs. euro has dramatically changed recently. do you? think that the Dollar may actually eventually close in even more on the Euro or even overtake it someday?

exchange rate euro vs dollar in Germany?

exchange rate-us dollar vs. euro?

Exchange Rate vs. Stock Market ? Lately I've been following both the Mexican Peso vs. US Dollar exchange rate in addition to the US stock market. When the stock market had over 10000 points, the exchange rate was 1 USD=10.50 Pesos. When the stock market plummeted to below 8000 points, the exchange rate was 1 USD=13.5 Pesos. I believe a similar effect occurred with the Euro and other currencies around the world. Why did the US dollar get 'stronger' against the peso when the US market plummeted? Does the US dollar get 'stronger' against other currencies when the market falls? If so, then which is a better indicator of the US economy: the strength of the currency or the # of points of the market? I took AP econ in high school and college, and I can deal with economic jargon so I'm hoping for complex answers ;)

Euro vs USD exchange rate? Hi, I was working in the caribbean and all my savings are in US Dollars. Now I am moving back to Germany and have to transfer my funds into my Euro bank account. With the situation and the falling exchange rate should I wait a little until it picks up again or will the rate get lower? Thank you.

How is the US Dollar managing to rise against international currencies in the midst of this financial crisis? I'm noticing a very strange trend. We're in the midst of a global financial crisis. The US economy is in very bad shape. Yet somehow, the US Dollar is managing to rise against other international currencies, such as the British Pound & the Euro. The current exchange rate of the Dollar vs the Pound is at a rate I've not seen in at least 5-6 years. How is this possible in the midst of a financial crisis?

Do I have to pay taxes on a difference in currency exchange rate? Let's say I bought euros and in a year from now euros would go up vs. dollar; do I pay taxes on a difference in exchange rate?

Live Rupee Price (as traded Vs. Dollar and Euro), which site provides it? Forex rate has great impact on prices at which Commodities are traded. What is the relation between change in USD/INR and change in Euro/INR to change in the commodity exchange prices? Which website provides live price charts of Indian Rupee? Yahoo finance does it, but the prices are not live. Live USD/INR prices are shown in CNBC TV 18 and CNBC Awaaz TV Channels.

What will it take for US Dollar to get stronger? What will it take for the US Dollar to be stronger with respect to the Euro within the next couple of months? I'm taking a group of high school students to Spain in June and we are on a budget. Every time I look at the exchange rate, it's looking more gloomy for us. Does anyone know what it would take for the Dollar to rebound vs the Euro and how likely might that happen by June? (Okay, I know no one has a crystal ball -- just hoping for someone with more economics knowledge than I have to give some insight.

future of the rand? i'm spending my life savings on a backpacking trip through europe at the end of the year... the weakening rand has me quite worried though! what are your predictions for the rand/dollar and rand/euro exchange rates for the year?! especially around october?! how will the power crisis (/miningdisasters), the us recession, etc influence it? any advice? last time i checked the rand stood at R7.31 vs $ and R10.80 vs Euro... a month ago it was R6,80 and R9.96 respectively. =(

I am leaving for Europe on 9/15, should I buy my Euros now at 1.30 or wait in hopes that it drops? Euro vs. Dollar was 1.19 in early June. Now 1.5 months later is at 1.30 exchange rate. I am thinking that I should buy my euros now or does anybody have any info that leads us to believe that the Euro will weaken and the dollar will strengthen before i leave?????

How to Calculate relationship b/w price change & change in exchange rate of Rupee V/S Dollar, Euro and Yen.? Can anybody also site some available paper (on internet) on this subject.

"Dollar Strength May Not Last" Is it true ? The dollar's unexpected strength in the current financial turmoil may not be sustainable. The world, has entered a period of substantially lower growth, which is likely to be prolonged because the balance sheet implications of the end of an unprecedented financial high wire act will take time to play out. Concomitantly, the medium-term growth profile increasingly looks L-shaped, and not U, V or W. Recent data releases for the US and eurozone confirm that these crucial economic blocs are faltering sharply (almost a "sudden stop" threshold response from the real economy to the banking crisis). It is impossible to know with confidence how long the global financial sector unclogging will take, but no country will be spared the collateral damage. Capital flows (in net terms) are estimated at about a third of last year's level, and domestic raising of (equity) risk capital has almost dried up entirely, thus investment spending will be adversely affected. The softness in the domestic investment cycle that could be discerned at the end of 2007 has gained traction this year, and the international environment does not bode well for this particular dimension going into next year. An unusual aspect in the current milieu is the behaviour of the dollar. It has appreciated in value by 17 per cent since mid-July of this year against the euro (about the only currency that can challenge the dollar's 63 per cent share in official reserves). If we take the erstwhile German Mark's share in international reserves as a proxy for the euro for the pre-1999 period, then the share of the euro in official reserves has increased substantially from about 14 per cent in 1998 to 27 per cent in 2007. Prima facie, it would seem that recently, confidence in the dollar has soared even as the severity of the financial crisis has intensified. The dollar is defying textbook gravity; if any other country had got itself into this situation, its currency would have been hammered into oblivion, let alone appreciated. Several factors can be put forward to rationalise this. Firstly, the US current account deficit is expected to decline even faster as the US recession gathers pace and is now expected to be prolonged. Secondly, as the effects of the crisis move out from the epicentre and towards Europe, there is the prospect that European policymakers may act in a manner which would make the US interventions look better/more effective; this is possible since, in the eurozone, financial sector supervision and regulation are almost completely national responsibilities although financial markets are integrated. Within about a week, several European banks with cross-border operations were bailed out, Germany announced protection of current and savings accounts, and Ireland went furthest by guaranteeing all the liabilities of its six largest banks. Earlier, access to the European Central Bank's liquidity facility (with mortgages as collateral) came without associated regulatory constraints that should be placed on counterparties that benefit from these windows (the US Fed, to its credit, has done this). All these uncoordinated strategies can (but not necessarily) be a recipe for an unpalatable broth. In other words, if the exchange rate is a gauge of relative competence in financial crisis management then the US may score over Europe. Thirdly, the uber confidence -- dubbed 'exorbitant privilege' by politicians and academics -- that has sustained the dollar for decades has not been undermined despite the US financial sector implosion; essentially this allows US claims on foreigners to earn a higher rate of return than foreign claims on the US and makes it easier to finance persistent imbalances (it must be cautioned that there are dely varying estimates of this differential). There is another perspective contrary to the above. If one takes a longer snapshot, the dollar since 2002 has declined by about 35 per cent against the euro, 25 per cent against the yen, and 16 per cent against the renminbi. In light of developments this year, arguments in favour of a strengthening dollar are difficult to sustain. The global supply of the greenback has been upped considerably. The current and potential expansion of dollar-denominated liquidity by the US Fed comprising of the enhanced Term Auction Facility, forward TAF auctions and cross-border swap authorisation facilities, is about one-and-a-half trillion dollars. Also, the US fiscal deficit in 2009 is now expected, by some estimates, to touch as much as 6 per cent of GDP, virtually close to double the number the US Congressional Budget Office forecast sometime back. The primary drivers are obvious enough, including lower tax revenues from virtually all segments of the economy due to the slowdown, and costs associated with the following steps: the $700 billion Troubled Asset Reconstruction Programme; underwriting the two mortgage government-sponsor