Strictly forex strategy

[acronym]

Shucks, i thought coinzy/ scalpz WAS naz9403.

 

[naz9403]

well if you'd know your history correctly, the euro historically is pegged/referred to the old german currency.

 

[naz9403]

Quote from vikana:

That's funny. The Euro didn't even exist until the mid 90s.

Looks like we have an amateur among the moderator crowd

edit:
Read your bio, you'd think with that phd you be a little smarter.

O and by the way don't be mad i developed something that has made %50+ per year for 25 years trading 1 lot. Just keep getting those phd's and one day maybe you can get half of that.

 

[Remiraz]

Quote from naz9403:

well if you'd know your history correctly, the euro historically is pegged/referred to the old german currency.

i always tot the euro (the euro in eur/usd) was launched around the 90s?

 

[naz9403]

read what you just quoted, theres your answer

euro was created just recently, 90's but for comparison sake pre euro 90's is pegged to the old german currency.

 

[late apex]

"The 90's" sounds rather vague, and I am not even European. If we're talking history of the euro, it came into being on Jan. 1, 1999, under the Treaty of Maastricht (1992), which had created the EU (European Union). 1999-2001 was a transitional stage from the national currencies to the euro.

The euro replaced the ECU (European Currency Unit) at 1:1 ratio. ECU, in turn, existed since 1979, under the EMS (European Monetary System).

As to the euro being "pegged / referred to the old German currency", afraid that's a myth. The euro's conversion rate against each national currency was fixed on Jan. 1, 1999. In particular, it was set to be equal to just under 2 (1.95583) German Marks.

 

[acronym]

Used to follow the deutchmarke when i was a kid, lovely charts.