Euro falls below parity with the dollar
reuters.com
Euro falls below parity with the dollar
1–10 of 286 posts
Re: Euro falls below parity with the dollar
#2The title of this makes me annoyed. What parity? They're both abstract made up units that happened to be even on a random scale for a while. This is financial numerology :-(
(yes, I know there's more content and "this week's currency summary" sounds less fun and I should chill out)
Re: Euro falls below parity with the dollar
#3The title of this makes me annoyed. What parity? They're both abstract made up units that happened to be even on a random scale for a while. This is financial numerology :-( (yes, I know there's more content and "this week's currency summary" sounds less fun and I should chill out)
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Re: Euro falls below parity with the dollar
#4The title of this makes me annoyed. What parity? They're both abstract made up units that happened to be even on a random scale for a while. This is financial numerology :-( (yes, I know there's more content and "this week's currency summary" sounds less fun and I should chill out)
Parity can just mean equal. And the Euro’s creators clearly targeted a value similar to the dollar.
Re: Euro falls below parity with the dollar
#5The title of this makes me annoyed. What parity? They're both abstract made up units that happened to be even on a random scale for a while. This is financial numerology :-( (yes, I know there's more content and "this week's currency summary" sounds less fun and I should chill out)
I suppose "Euro falls to historic low against dollar" might have sufficed as a headline, but highlighting the relative values and the 1:1 threshold that was crossed (no matter how abstract it technically is) could help more readers connect with the story a bit more
Re: Euro falls below parity with the dollar
#6The title of this makes me annoyed. What parity? They're both abstract made up units that happened to be even on a random scale for a while. This is financial numerology :-( (yes, I know there's more content and "this week's currency summary" sounds less fun and I should chill out)
It's just a psychological threshold, but because I don't follow currency markets that closely, it makes it very evident to me that the euro has fallen below a threshold, against the dollar, that it never had gone down to.
Re: Euro falls below parity with the dollar
#7The title of this makes me annoyed. What parity? They're both abstract made up units that happened to be even on a random scale for a while. This is financial numerology :-( (yes, I know there's more content and "this week's currency summary" sounds less fun and I should chill out)
If newspapers weren't allowed to report on abstract concepts I don't think we'd ever get any financial news. What is a dollar or a stock or bond or legal contract anyway?
Re: Euro falls below parity with the dollar
#8The title of this makes me annoyed. What parity? They're both abstract made up units that happened to be even on a random scale for a while. This is financial numerology :-( (yes, I know there's more content and "this week's currency summary" sounds less fun and I should chill out)
> What parity?
Parity in this context just mean a ratio of 1-to-1, doesn't it? I guess it could be synonymously replaced with ‶numeric equality″.
Re: Euro falls below parity with the dollar
#9The title of this makes me annoyed. What parity? They're both abstract made up units that happened to be even on a random scale for a while. This is financial numerology :-( (yes, I know there's more content and "this week's currency summary" sounds less fun and I should chill out)
It's just a psychological threshold, but because I don't follow currency markets that closely, it makes it very evident to me that the euro has fallen below a threshold, against the dollar, that it never had gone down to.
EUR vs Dollar went as low as 0.82 ish in its early days (00) and was below 1 through roughly 02 so not a first no.
Re: Euro falls below parity with the dollar
#10The title of this makes me annoyed. What parity? They're both abstract made up units that happened to be even on a random scale for a while. This is financial numerology :-( (yes, I know there's more content and "this week's currency summary" sounds less fun and I should chill out)
It's just a psychological threshold, but because I don't follow currency markets that closely, it makes it very evident to me that the euro has fallen below a threshold, against the dollar, that it never had gone down to.
Early in its life EUR was below 1 USD for a few years, Jan 2000 - Oct 2002.