International Publishers and the Shrinking U.S. Dollar

[surfer67]

International publishers are taking a thrashing with the shrinking U.S dollar. How low do you think it will go?

As of today:

US$ = 1.05 CAD$
US$ = 1.10 AUD$
US$ = 0.62 GBP

Ouch!

[SEOPTI]

Nothing can be done about it. It hurts big time!

[Mentat]

For me this is the biggest problem. I live in the EURO zone, and each day I loose money...

The USD will be weaker by the day :(
As long as China and OPEC want to trash the USD... I don't see a very good future for me...

[jetteroheller]

The USD will be weaker by the day :(
As long as China and OPEC want to trash the USD... I don't see a very good future for me...

What?

US trashes the US$. They take more and more credits. In the crisis, they created much new money. It's a wonder that the US$ has still this high value.

I would ques, when China would not own so many billion US$, the US$ would be now at 0,50 EUR

[chrisv1963]

It has been going down and up again during the past months. I don't worry too much about it.

[leadegroot]

Really glad they offered the conversion to local currency thingy when they did! :)

[jetteroheller]

Really glad they offered the conversion to local currency thingy when they did! :)

Since the change to EUR, I am not more interested so much in the US$ to EUR exchange rate.

Before this had been sometimes dramatic.

[surfer67]

U.S dollar = toilet paper.

It is not done depreciating. It will get worse before it gets better.

[jetteroheller]

U.S dollar = toilet paper.

US car industry is even worse.

They had all the chances, the California clean air act,
but instead of working hard on it,
they engaged lawyers to destroy the law.

GM destroied all the EV1 built only for the clean air act.

In the next oil crisis, US car industry will be history,
US peopls will drive Chinese plug-in hybrid and electric cars.

[LifeinAsia]

US$ = 1.05 CAD$
US$ = 1.10 AUD$
US$ = 0.62 GBP

Obvious solution- just move to the U.S. Then you can get US$ = 1 $US.

For now, anyway.

[Leonard0]

If your advertisers are mostly from the country you live in, you may not be affected as much as you think by the lower US$.
If, for example, an advertiser has been bidding $1 CAN, that would have previously converted to maybe $0.75 US or $$0.85 US.
Now it is about $0.95 US.
The result is higher bids for your ad space, therefore more earnings in US dollars.
Of course, it evens out once it gets converted back to local currency, but theoretically there should be no net affect to actual earnings.

[johnnie]

All the more reason to be happy my account is in EUR now :)

[leadegroot]

If your advertisers are mostly from the country you live in, you may not be affected as much as you think by the lower US$.

That would be me, as most of my sites are locally based, but it always seemed to be that the dollar rose at the end of the month, meaning I didn't get the full value of my sites
(Picture me around the 25th of each month sitting here yelling "No, no, no! Dollar go down! Bad dollar!"
Glad I get paid in local currency now :)

[IanCP]

Well the way the OZ dollar is going it gets worse each day for me. It's not only rising against $US but the GBP and the Euro. I have affiliate income in all those currencies.

Oh well.

[simon_a99]

@johnnie Your account is in euro but that's just being converted from USD in the background.

[brotherhood of LAN]

It's anticipated that Sterling will drop against the US dollar, and reach parity with the Euro once again at the end of this year.

It's also been hinted that US interest rates may rise.

As ever, the market is supposed to find the right level,

[nomis5]

The £ has managed to fall, even against the US$, over the past month or so, which is good for me because for every $ I earn I get more £.

I don't want to be the one to spread rumours, but in the UK we are bust, all living on bread and gruel, strike-ridden, beggars in the streets now out number those going to work and we are all turning into cannibals because of the food shortages. Other than that we are fine. How's it going in the USA?

[surfer67]

US$ = 1.05 CAD$

It is now 1.03 CAD$ and falling. It's expected to reach parity this month and will likely fall to 0.90 before the year is out. It's dependent of the stock market. If the market continues to rally, the U.S dollar will keep falling.

[Lame_Wolf]

bread and gruel

That's luxury, well, of course, we had it tough. We used to 'ave to get up out of shoebox at twelve o'clock at night and lick road clean wit' tongue. We had two bits of cold gravel, worked twenty-four hours a day at mill for sixpence every four years...

[nomis5]

"Worked 24 hours a day" Lame Wolf? You had it lucky. When I was a boy, a day had 36 hours in it and we worked 37 hours every day of the week.

And if we found a dead parrot, that was a treat which was served as the Sunday roast. You youngsters of today simply don't understand hardship.

[Lame_Wolf]

LMAO nomis5, another MP fan :)

[Mentat]

Ufffff

EUR/USD it's now almost 1.5
This is a live nightmare :(

[johnnie]

@johnnie Your account is in euro but that's just being converted from USD in the background.

I sell ad space on a European market and am doing business with Google Ireland. So what would the point be of conversion? It would all net out to the same in my case.

And even if what you say were true, at least my past income wouldn't vaporize due to the dwindling dollar.