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Posted

Yeah gonna take a Big Big hit on this sadly but so is the market [censored] swiss haha but life goes on

Posted

Euro/USD is 2% lower today.   

 

It's a race among the western nations to see who can lower rates the most.   SNB last week, Bank of Canada yesterday.. EU today.   I dont think the Fed will be hiking anytime soon.   

Posted

Purchases in USD done from the EU already have become 22% more expensive than they used to be until summer 2014 (per yesterday).

 

and a little rant: Already paying 30% taxes more (than 2009), prices have increased by 1/3 (but not wages) and the fun part is that You work (much) more to end up with (a lot) less. 

All this in the name of keeping the Euro "strong" while it´s getting weaker by the day. Not much You can do now, it´s too late already... 

Posted

Purchases in USD done from the EU already have become 22% more expensive than they used to be until summer 2014 (per yesterday).

 

and a little rant: Already paying 30% taxes more (than 2009), prices have increased by 1/3 (but not wages) and the fun part is that You work (much) more to end up with (a lot) less. 

All this in the name of keeping the Euro "strong" while it´s getting weaker by the day. Not much You can do now, it´s too late already... 

 

Uhm, I thought this situation was in IT (or Greece) only... 

Meantime in Germany...

Posted

Meanwhile downunder we are just firing up the BBQ and cracking open another tinny...... ;)

 

 

Ken

  • Like 1
Posted

Watch the commodities market Ken for the health of AU   (http://www.wsj.com/articles/an-australian-boom-town-feels-chill-of-commodity-price-decline-1402281061), you guys already took a hit on currency seems a bit more.................... http://www.theaustralian.com.au/business/markets/australian-dollar-falls-to-new-low/story-e6frg916-1227194074555


"Not much You can do now, it´s too late already..."   Spot on. :notworthy:

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