The Real Deal at EK
Join Date: Mar 2004
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Wiz,
Your irony with regard to WTF is not lost. He does make some poorly deliberated statements for the cheap shot. Furthermore if he cannot see his racial inuendo, he doesnt even know himself. He's already admitted he's a liar so I wouldn't put too much emphasis on what he says.
If he can't make his point without slighting others, its not worth reading.
Your irony with regard to WTF is not lost. He does make some poorly deliberated statements for the cheap shot. Furthermore if he cannot see his racial inuendo, he doesnt even know himself. He's already admitted he's a liar so I wouldn't put too much emphasis on what he says.
If he can't make his point without slighting others, its not worth reading.
Join Date: Apr 2006
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You really are the chap with the chip aren't you disconnected.
Forgot to mention that Wizofoz posted the larger part of his roster on this board a couple of months ago. Who said 'Outing'?
Just wonder how long I can string you two along for. You're like a couple of grumpy old men.
Forgot to mention that Wizofoz posted the larger part of his roster on this board a couple of months ago. Who said 'Outing'?
Just wonder how long I can string you two along for. You're like a couple of grumpy old men.
Thread Starter
Join Date: Jun 2006
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You're pathetic the lot of you. Read the first post on the thread and try and relate your childish little hissy fit to it. Piss off down to the Lime Tree Cafe and slap each other with your handbags you girls.
Join Date: Mar 2004
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Yes back to the issue. My apologies to those who try to keep these threads on track.
Here is a link to the USD index:
http://www.fxstreet.com/rates-charts/usdollar-index
The graph is not pretty with a well established down trend. Analysists say not likely to stop the overall trend anytime soon for a number of reasons, amongst which is the US Fed printing its way out of recession.
The index is the USD vs a number of currencies. The economists sensible way to measure it objectively, hence my thoughts that its high time the ERP is treated with similar logic, reassessed in principle, (including its caps and rolling period) and applied to all at EK in order that we are protected against the issues illustrated in the Gulf News.
The recent moves in the Gold price also appear to confirm the USD's projected fate. Inflation will grow in the US but nothing like as fast as what the UAE is in for.
Our only real hope is either a salary increase or for the UAE to de-peg the AED but both seem unlikely for now. A logical review of the ERP would help everyone.
Here is a link to the USD index:
http://www.fxstreet.com/rates-charts/usdollar-index
The graph is not pretty with a well established down trend. Analysists say not likely to stop the overall trend anytime soon for a number of reasons, amongst which is the US Fed printing its way out of recession.
The index is the USD vs a number of currencies. The economists sensible way to measure it objectively, hence my thoughts that its high time the ERP is treated with similar logic, reassessed in principle, (including its caps and rolling period) and applied to all at EK in order that we are protected against the issues illustrated in the Gulf News.
The recent moves in the Gold price also appear to confirm the USD's projected fate. Inflation will grow in the US but nothing like as fast as what the UAE is in for.
Our only real hope is either a salary increase or for the UAE to de-peg the AED but both seem unlikely for now. A logical review of the ERP would help everyone.
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This in from DailyFx:
"Anyone long Australian, New Zealand or Canadian dollars over the past month are being rewarded handsomely as these commodity currencies continue to hit significant highs against the US dollar. Less than six months ago, many traders could not fathom seeing USD/CAD below parity. Now, it is time to think about whether the Australian dollar will also hit parity against the US dollar. There was no economic data released out of any of the three countries overnight. Instead, the rally was fueled by the continual rise in commodity prices. Gold prices hit a 28 year high while platinum prices rose to an all-time high. Oil prices dropped, but it remains above $80 a barrel. Unless commodity prices reverse significantly, there is nothing to stop these pairs from moving higher."
Now that would be a serious pay cut!!
"Anyone long Australian, New Zealand or Canadian dollars over the past month are being rewarded handsomely as these commodity currencies continue to hit significant highs against the US dollar. Less than six months ago, many traders could not fathom seeing USD/CAD below parity. Now, it is time to think about whether the Australian dollar will also hit parity against the US dollar. There was no economic data released out of any of the three countries overnight. Instead, the rally was fueled by the continual rise in commodity prices. Gold prices hit a 28 year high while platinum prices rose to an all-time high. Oil prices dropped, but it remains above $80 a barrel. Unless commodity prices reverse significantly, there is nothing to stop these pairs from moving higher."
Now that would be a serious pay cut!!
