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DFW

(57,669 posts)

8. I bought a bunch of euros at $1.0822 just last week

Reply to roamer65 (Reply #7)

Thu Apr 3, 2025, 09:18 AM

Thursday

But I will owe the money in taxes to the German government before the end of the year, so I won't get to reap any benefits from that transaction except for not needing to buy more at the higher rate until next year.

The Swiss Franc is the strongest currency in the world right now, but while it makes imports cheaper, Switzerland is a highly export-oriented economy, so this won't come as good news to the average Swiss citizen or company.

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The dollar has taken a quick 2 per cent dive against the Euro, and the EU is circling the wagons [View all] DFW Thursday OP

Have any of the Trumps explained... C_U_L8R Thursday #1

They are like child drivers who have gotten the keys to their parents' car, and put it in drive. DFW Thursday #3

This will topple us as a world leader. And sadly, we deserve that. Scrivener7 Thursday #2

I suspect that the drop in the dollar's value against the Euro (now 3 per cent at 1.11) will mean nothing to most DFW Thursday #4

+1 dalton99a Thursday #5

On the narrow plus side, won't that mean cheaper petrol & diesel for us in Europe ? OnDoutside Thursday #6

1.16 on the Swiss Franc. roamer65 Thursday #7

I bought a bunch of euros at $1.0822 just last week DFW Thursday #8

I think SNB intervention will come around 1.20 roamer65 Thursday #9