Can confirm, signed a contract to be paid in dollars, when it came through after work completion, I cried a bit.
Lanky-Safety555 on
Well, it had nothing to do with Euro gains, but tremendous loss of confidence into the USD.
ericsauthoritah on
Contractors to US from Europe salaries just fell bu 13% basically
data0data on
Let the euro gain some value
justafrenchasshole on
1 swiss franc is almost 1,26 USD…
Eagle_eye_Online on
Is it a Euro gain, or a USD loss?
Either way, those 20% tarrifs are equalling themselves out it seems. The sad bit is it’s doubling the cost for Americans.
But hey, you get what you vote for, so, no refunds.
Crash_Logger on
So the jump from USD to EUR is now bigger than the jump from EUR to GBP… wow
Adept_Inspection5916 on
Don’t have to worry about trade deficits if your currency is worthless and nobody can afford imported products.
Rollsafe.jpg
spadasinul on
The US can’t stop winning, Donnie is very bigly
Welle26 on
No good news for the European economy.
lukasur on
Or in other words, my US investments fell by additional 13% on top of my wise investment choices
solidangle on
RIP my RSUs
vHAL_9000 on
This is not good.
time_travel_rabbit on
Having strong currency is not good if Europe trying be be more competitive in manufacturing in Europe and selling abroad. It’s the reason why China is constantly accused of manipulating their currency.
JuliusFIN on
My dollar debt has been my best investment this year, lol
Brilliant-One9031 on
Every right government does the same every time. Turkey, Hungary, Poland during PiS party. Let’s vote for right again and see what happens xD
lists4everything on
Prob our (USA) crazy inflation caused by our affordable home/cost of living crisis.
desvenne on
For exports from the EU a stong Euro isn’t always beneficial.
And for US companies, it can be beneficial, I mean it’s not like Apple for instance dropped prices in Euro for iphones.
But in the end I personally have no actual influence on the currency rate anyway…
vythrp on
Bahahaha
werdonokX on
Let’s goo *chanting* EU! EU! EU!
this is a joke. It it tragic for the world economy because a lot of nations have their currency based on USD and now will have to look for alternative and unfortunately China is posing (is not really) one viable option, and I don’t think I have to tell you how the world would look like under communist dominance.
Any-Original-6113 on
Trump will announce this news by saying that Europeans can now buy 13% more American goods.
chocolatchipcookie2 on
back to 1.30 fast
Trackbikes on
I get paid in US$…. 🤬🤬🤬. Yay 13% pay cut…
vtskr on
Condolences to everyone who earns USD but lives in Europe
obscure_monke on
I still remember the first time it want under a dollar. That was weird.
In my head, I always think of it as around $1.50 since that was where it was in the mid 2000s
JerseyshoreSeagull on
A really smart president said that a weak USD is actually a really good thing.
doodzio on
hope it will reach 1.5 or even 2.0 ratio.
Keep Europe great.
xi trump putin again
xi – make
trump – murica
putin – weak
ClosPins on
This is all by design. The Republicans are trying to solve the Triffin Dilemma, which requires the USD to fall precipitously.
katonda on
Which means that the american exports are now cheaper and american manufacturers are more competitive vs european ones. Good for European tourists going to the US though….
Frank_Fhurter on
i still have about 1000 USD to exchange after escaping. should I wait to convert it or wait a little longer?
30 commenti
Can confirm, signed a contract to be paid in dollars, when it came through after work completion, I cried a bit.
Well, it had nothing to do with Euro gains, but tremendous loss of confidence into the USD.
Contractors to US from Europe salaries just fell bu 13% basically
Let the euro gain some value
1 swiss franc is almost 1,26 USD…
Is it a Euro gain, or a USD loss?
Either way, those 20% tarrifs are equalling themselves out it seems. The sad bit is it’s doubling the cost for Americans.
But hey, you get what you vote for, so, no refunds.
So the jump from USD to EUR is now bigger than the jump from EUR to GBP… wow
Don’t have to worry about trade deficits if your currency is worthless and nobody can afford imported products.
Rollsafe.jpg
The US can’t stop winning, Donnie is very bigly
No good news for the European economy.
Or in other words, my US investments fell by additional 13% on top of my wise investment choices
RIP my RSUs
This is not good.
Having strong currency is not good if Europe trying be be more competitive in manufacturing in Europe and selling abroad. It’s the reason why China is constantly accused of manipulating their currency.
My dollar debt has been my best investment this year, lol
Every right government does the same every time. Turkey, Hungary, Poland during PiS party. Let’s vote for right again and see what happens xD
Prob our (USA) crazy inflation caused by our affordable home/cost of living crisis.
For exports from the EU a stong Euro isn’t always beneficial.
And for US companies, it can be beneficial, I mean it’s not like Apple for instance dropped prices in Euro for iphones.
But in the end I personally have no actual influence on the currency rate anyway…
Bahahaha
Let’s goo *chanting* EU! EU! EU!
this is a joke. It it tragic for the world economy because a lot of nations have their currency based on USD and now will have to look for alternative and unfortunately China is posing (is not really) one viable option, and I don’t think I have to tell you how the world would look like under communist dominance.
Trump will announce this news by saying that Europeans can now buy 13% more American goods.
back to 1.30 fast
I get paid in US$…. 🤬🤬🤬. Yay 13% pay cut…
Condolences to everyone who earns USD but lives in Europe
I still remember the first time it want under a dollar. That was weird.
In my head, I always think of it as around $1.50 since that was where it was in the mid 2000s
A really smart president said that a weak USD is actually a really good thing.
hope it will reach 1.5 or even 2.0 ratio.
Keep Europe great.
xi trump putin again
xi – make
trump – murica
putin – weak
This is all by design. The Republicans are trying to solve the Triffin Dilemma, which requires the USD to fall precipitously.
Which means that the american exports are now cheaper and american manufacturers are more competitive vs european ones. Good for European tourists going to the US though….
i still have about 1000 USD to exchange after escaping. should I wait to convert it or wait a little longer?