Euro vs USD

["spaceman"Bryce]

phew.You shouldve kept your clothes.....Other than that I'm glad I helped you lol.Also, I almost sense some sarcasm in your post.

[Shoe]

Now that the U.S. is raising interest rates, that will help the dollar. I think the currencty rates will stay about where they are for the immediate future, the huge gains that the euro and pound made appear to be over.

[ZeeJustin]

I looked online, and the exchange rate was $1.287 in a euro. I went to the bank, and they said the exchange rate was $1.225 per euro. On top of this, they wanted a fee which I assume would be about 1.5%.

Where can I get to get a reasonable exchange service?

[OrangeCat]

Try Citibank. It's been a while since I've exchange currency but they used to have the lowest fees.

[GuitarMarc]

Long term trend = Euro Up, Dollar Down

Open an account with everbank.com

[CHiPS]

Hold the Euro. I just bought Euros last week when they hit 1.285 vs the dollar - that was close to the previous low. I got lucky over the last few days and got a nice pop. I also hold CD's in Euros. I believe that the US will print more dollars over the next few years, just as they have been doing recently.
The US spends money hand over fist on the Federal level, State level and in the realm of personal debt. The stock market is overpriced and there is a bubble forming in real estate prices. The best way out for the Feds is to print more money and devalue stocks and real estate through creation of more money. It eases or avoids a crash and it creates money for all the spending programs. Europe is not in as big a trouble with this as the US, so the Euro should do well vs the dollar in the years ahead.
Technical indicators of the Euro vs dollar look very favorable right now for the Euro. For good advice on currencies, gold + commodities markets, take a look at the Aden Sisters: adenforcast.com

[Maulik]

if you hold the euro you'll offset any currency movement up or down on the amount of your euro holdings?