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Euro falls to lowest level in 11 years after the ECB decision


Markinsa
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January 23, 2015 12:00Last Updated: January 23, 2015 12:00
 
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The euro fell to its lowest level in 11 years against the US dollar during the Asian trading on Friday as being under new pressure after the European Central Bank has launched a program to buy government bonds on the previous day. 

The European currency fell to $ 1.131, its lowest level since September 2003, before recovering slightly to $ 1.132.

 

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Hi Markinsa do you think the euro will recover any bit before the end of march. I'll be heading over to New York for a 2 week vacation with my family and over easter and will be changing my euro to dollar

 

I can't even give you an educated guess. Sorry...

 

Hey Mark does it seem to you more than coincidence that this figure is used ... given the recent talk of "parity"...the Euro $1.13 and all the articles about the IQD being increased to  $1.13 ???

 

It was so late last night when I posted this, I didn't even notice that! :shrug:  :P

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Hey Mark does it seem to you more than coincidence that this figure is used ... given the recent talk of "parity"...the Euro $1.13 and all the articles about the IQD being increased to  $1.13 ???

Things that make you go hummmm

 

You know the first time I read the word," parity", I had to look it up.  :lol:

 

But with everything else coming out today, and that being just after the 

 

Switzerland confab, you just gotta wonder. I'm seriously thinking tomorrow 

 

will tell all tales. :twothumbs:  :backflip: 

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  • 3 weeks later...

Things that make you go hummmm

 

You know the first time I read the word," parity", I had to look it up.  :lol:

 

But with everything else coming out today, and that being just after the 

 

Switzerland confab, you just gotta wonder. I'm seriously thinking tomorrow 

 

will tell all tales. :twothumbs:  :backflip: 

 Everybody are expecting that this year will be troubled for euro. Do you think that realistically euro can get in pair with dollar ?

It can  make american export very expensive, and not very competitive ..

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