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EUROS OR USD What is worth?
Post 1 of 8
I don't know if I use Euros or USd as we have agood Value for our LM within the euros? Most Traders deals with usd. In Europe will they also trade with factories or agents in usd Currency?
Award 10 MVPs ( What's this? )for the best answer.
06 Sep 2006 10:23
Post 2 of 8
Replying to [mama bebe]:[em1]USD have long been establish as a standard of measurement for money exchange. In your case, do it in both USD and EU. A little extra work but it show that you do care for your customers.[em15]
07 Sep 2006 13:17
Post 3 of 8
Replying to [mama bebe]:
Currency support has both economic and political links.

With the growing involvement of the United States over the Middle-east countries playing the role of International Policeman, or liberator of human rights deprived individuals, first with justification in Afghanistan and later against the wishes of many European countries in Iran, the US Dollar loses its popularity.

Rich investors from the oil rich countries of the Middle-east seek to put their money into the EURO, a new comer to the world currencies and a common currency used by the countries in the European Union.

My opinion is for the future and if the Iraninan nuclear crisis is not solved, worsen by the Palestinian conflict, the US Dollar will further decline and this runs reciprocally with the price of Crude Oil. My bet will be for the EURO.

[em20] Street Smart
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07 Sep 2006 19:23
Post 4 of 8
Replying to [mama bebe]:Inside UE is normal to use Euros,but in international tranzactions all payments are done with USD.In fact,is an advantage for West Europeans to make payments in dollars thinking that exchange rate is 1,28 USD/Euro
13 Sep 2006 23:04
Post 5 of 8
Replying to [mama bebe]: I think you are right . Its political issues .
I think if america stay a bit quite then the eceonomy in various countries would go stronger
17 Sep 2006 02:09
Post 6 of 8
Replying to [mama bebe]:i think USD is more acceptable in trading in some europing union but on the contrary ENGLAND is the europen union that do not accept EURO.moreover in dealing business with europens euro is more advanced than dollar but what is very important about DOLLAR is that it is generally acceptable everywhere[WORLD]
thanks
chuks
17 Sep 2006 10:45
Post 7 of 8
Replying to [mama bebe]: England does not wnat to change to Euros because they are loyal to to the queen
18 Sep 2006 04:34
Post 8 of 8
MarkN
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Overall Ranking MVP:50 Rank:150,551
Replying to [mama bebe]:
Replying to [mama bebe]:

And you are an expert on British sentiment towards the Pound because???
In my opinion, the Uk wants to keep the pound because it doesnt want to surrender UK fiscal policy, taxation and interest rates, to France & Germany, nothing to do with the monarchy.
Otherwise the simple solution would be to print UK issued Euros with the Queens head on one side.
28 Oct 2006 08:16
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