Posted in Politics and economics on Feb 27th, 2008
As oil jumped over $100 per barrel and gold reached new record heights of over $960 the U.S. dollar reached a new record low yesterday. For the first time since the euro was found in 1999 the U.S. dollar crushed the psychological barrier of $1.5 per EUR.
Analysts believe the Fed will further cut the intrest rates [...]
Posted in Politics and economics on Feb 8th, 2008
The dollar is gaining some ground again this week. After flirting with $1.5 per EUR the currency exchange is now heading up again to $1.45 and higher. Currently 1EUR is worth about $1.45 and I just read that ING analysts expect the dollar will rise to $1.38 per EUR this year on lower US trade deficits, optimism [...]
Posted in Funny and weird stuff, Personal Ramblings, Politics and economics on Nov 13th, 2007
and that it may not necessarily be a bad thing at all :
If that’s the case it’s time to start burning some more fossil fuels to get the temperatures up By the way, I read an interesting article this weekend on CNN Money about the cost of oil. A barrel of oil is now [...]
Posted in Politics and economics on Nov 7th, 2007
Wow the U.S. dollar is falling quick these days. An announcement from Chinese officials that China would further diversify its currency reserves made the dollar drop to $1.47 per EUR. A couple of months ago this was still about $1.36 per EUR.
Here’s a chart from Yahoo showing the €/$ currency exchange of the last couple of months:
Guess I’ll have to wait [...]
Posted in Earning money, Funny and weird stuff, Politics and economics on Sep 20th, 2007
A largely new but quite controversial field of research tries to link the private life of CEOs to the performance of their company. CEOs are often seen as critical to the business they lead and therefore some investors want to learn as much as possible about the man behind the wheel in order to optimize [...]
Posted in Politics and economics on Sep 12th, 2007
As I get mostly paid in dollars the $/€ currency exchange plays a relatively big role in how much money I earn. For the last couple of years the currency exchange hasn’t really been that great - the overall trend is that the U.S. dollar just keeps dropping and dropping against the euro.
The euro is [...]
