Tuesday, December 01, 2009

US Dollar Update

The Local.de

In currency related news today, there were protests in Germany as Mercedes-Benz considers moving production of the C-Class to the US. The cheaper US Dollar is a major factor in this decision, so let's take a look at my currency value predictions.

Benchmarks Achieved:
7 Swedish Krona > $1 US, Oct. 2009 (Correct!)
30 Russian Rouble > $1 US, Oct. 2009 (Correct!)
90 Yen > $1 US, Jul. 2010 (Wrong!) The Japanese Yen is soaring in value

Updated Benchmarks:
1 Australian Dollar > $1 US, Dec. 2009 (No change)
1 Swiss Franc > $1 US, Dec. 2009 (No change)
1 Canadian Dollar > $1 US, Jan. 2010 (One month later)
1100 Korean Won > $1 US, Jan. 2010 (One month later)
1.50 Brazilian Real > $1 US, Feb. 2010 (One month earlier)
1 NZ Dollar > $1 US, Apr. 2010 (One month later)
0.60 Euro > $1 US, Apr. 2010 (No change)

New Benchmarks:
13 Mexican Pesos > $1 US, Dec. 2009
6 Swedish Krona > $1 US, Feb. 2010
25 Russian Rouble > $1 US, May. 2010