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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Webmaster Extraordinaire
Industry Role:
Join Date: Jul 2002
Location: A beautiful beach...
Posts: 10,748
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Why does the dollar go up against the Mexican peso when the US Markets fall?
I've always been curious as to why. Anyone know?
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#2 |
Pay It Forward
Industry Role:
Join Date: Sep 2005
Location: Yo Mama House
Posts: 77,160
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what are you saying. isnt mexico a third world country
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#3 |
Confirmed User
Join Date: Feb 2002
Location: Panama
Posts: 708
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In this case, flight to quality / safety.
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Credit Card and ACH Processing |
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#4 |
Guest
Posts: n/a
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You're talking about today? Maybe because of the "Finance Bill" the Senate passed
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#5 |
Confirmed User
Join Date: Dec 2006
Posts: 2,084
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markets didn't directly influence the currencies lately, its all on emotions. Besides Gold and Oil are still trading in USD.
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#6 | |
Confirmed User
Industry Role:
Join Date: Jan 2002
Location: Miami Beach, FL
Posts: 203
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Quote:
its cause the gold is traded in us, and thats where the securities go GOLD
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#7 | |
Confirmed User
Join Date: Feb 2002
Location: Panama
Posts: 708
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Quote:
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#8 |
Confirmed User
Join Date: Aug 2007
Location: I'm from Downtown....Im from Mitch & Murry
Posts: 1,329
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#9 |
So Fucking Banned
Join Date: Aug 2008
Location: Just Blow Me
Posts: 10,551
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#10 |
Confirmed User
Join Date: Sep 2006
Location: westcoast usa
Posts: 4,007
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gold and US$ are considered "safe heavens" so investors will go there when there are stormy waters..
__________________
"Obscenity is whatever gives the Judge an erection." -- Author Unknown |
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#11 |
Industry Role:
Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
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I think it's because of week euro,so dollar raise against all currencies.It is now record value against Kuna,cant remember did i even seen such high value in five years of my webmastering.
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#12 |
Confirmed User
Join Date: Apr 2006
Location: El-Kaliman Oasis, West Sahara
Posts: 2,164
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actually the Peso is in one of the best moments, ideal to travel to US and better yet to travel to Europe!
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#13 |
Confirmed User
Industry Role:
Join Date: Jun 2003
Location: Vegas
Posts: 3,243
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The govt is getting us used to the idea Mexico should become the 51 state.....
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