what you think of the crash of the days ?

 

but the dollar US too

Wow I hadn't checked the forex market today. Didn't expect that big of a move in the Euro. I don't see how people are surviving these swings in the market. The forex is leveraged out 100 times in many cases, so move like today would easily wipe out many. And the Yen is going crazy too.

 

Moves are usually so small they do PIP(percentage in a point). Because currrencies don't usually move a few percents at a time like stocks, they're measured on a smaller scale. 50 PIP's is a big move usually, today if i'm correct we had a 178 PIP move in the Euro. Which if you're leveraged out 100x's and the wrong direction you're wiped out and far in debt.

 

100 to 1 Leverage which is common in the Forex market is this-Every dollar in their account controls 100 trading dollars. Do the math if a hedge fund goes in 250,000 betting the Euro would get stronger today leveraged out 100x and it didn't......

 

The dollar is getting stronger from this. It's a global panic today, where money is flooding into dollars and treasuries. Also into gold because all the major currencies are hot potato of high debt and printing. Run to the Euro you have debt problems and the potential break up of the union, run to the dollar you have more debt problems and copious amounts of printing.

 

lol like anyone will read or care about that on here.

lol like anyone will read or care about that on here.

 

tl;dr

 

And I just mean this sentence, not even the part before that.

tl;dr??? What?

too long; didnt read

 

But to be honest I actually did read it, interesting stuff, I'm even considering Wiki'ing some of it later and briefly browsing through the article as I'll forget any small comprehension of anything I come across.

Now you know why I'm single...lol that I knew that shit. Great stuff to talk about on dates.

when they introduced the euro, I was young, but the first reaction was that I was angry. I said at this time. the euro has no great value or identity and can not replace the official money of the country crash will be .

 

of all time the money is part of the history and origins quality and brand of each country ?

I know I am not very concerned about the euro, but is true in Switzerland everything is so expensive and less abroad .

 

but they say today that Frs as safe as Gold. will know really

 

And for the dollar, I do not know. when I was a little girl I wanted a dollar to stick it on my wall I just loved the picture .

I had to pay 1.50 Frs the banker had laughs in front me, and telling me. this dollar is worthless.

I know nothing about this. However, I've still got some money in a Swiss account that I haven't used in the past three years or so. I converted it into Pounds recently and I realised that I had a lot more in this account than I thought, like £700 more. I couldn't believe it when I saw it because I never actually had a lot of money in this account. The Swiss Franc must have gotten a lot stronger.

Wow I hadn't checked the forex market today. Didn't expect that big of a move in the Euro. I don't see how people are surviving these swings in the market. The forex is leveraged out 100 times in many cases, so move like today would easily wipe out many. And the Yen is going crazy too.

 

Moves are usually so small they do PIP(percentage in a point). Because currrencies don't usually move a few percents at a time like stocks, they're measured on a smaller scale. 50 PIP's is a big move usually, today if i'm correct we had a 178 PIP move in the Euro. Which if you're leveraged out 100x's and the wrong direction you're wiped out and far in debt.

 

100 to 1 Leverage which is common in the Forex market is this-Every dollar in their account controls 100 trading dollars. Do the math if a hedge fund goes in 250,000 betting the Euro would get stronger today leveraged out 100x and it didn't......

 

The dollar is getting stronger from this. It's a global panic today, where money is flooding into dollars and treasuries. Also into gold because all the major currencies are hot potato of high debt and printing. Run to the Euro you have debt problems and the potential break up of the union, run to the dollar you have more debt problems and copious amounts of printing.

 

lol like anyone will read or care about that on here.

 

I do !

Boring ):

does it mean that if i buy something from europe it will be cheaper? if not i dont care

I know nothing about this. However, I've still got some money in a Swiss account that I haven't used in the past three years or so. I converted it into Pounds recently and I realised that I had a lot more in this account than I thought, like £700 more. I couldn't believe it when I saw it because I never actually had a lot of money in this account. The Swiss Franc must have gotten a lot stronger.

 

Or the Pound has gotten weaker which is more likely