Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I've been at it for about four years, casually, meaning posting groups of pair rates at calculatedrisk weekly. I started to do so in rhetorical defense of EUR and RMB for which the nativist' contempt had no bottom known to Anglo-merican business press best practice in exploiting the ignorance of the common "man".

My source was always finance.yahoo! close.

(It kinda sux yahoo! abandoned permalink to pairs, but I really appreciate the site recent re-design from ratio to identity notation. e.g. 1 GBP = x RMB. It was annoying to me to annotate ratio with a sentence, "One pound buys x euros" or "One yuan buys x US dollars.")

In short, USD:EUR has been trading between 0.89 and 0.98 in the period. Low volatility in my book which is "The Purpose of Currency Manipulation by Central Banks is to Eliminate Large Margin Profit Taking Opportunities".

Diversity is the key to economic and political evolution.

by Cat on Wed Aug 23rd, 2017 at 01:14:50 PM EST
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