The US dollar seems to be gaining strength against the Euro, a situation that pleases me more than you could believe, despite living in Europe and working in Euros for my daily transactions.
I earn almost all of my income in US dollars, mostly because the dollar is still the single most important international currency, despite the crisis and recent failings in American diplomacy.
This morning I logged into Paypal to check my balance, I'd been expecting some more payments from clients, and when I get the confirmation emails I always check my balance because Paypal take their percentage, and I like to know how much money I have.
I always convert US dollars to Euros as well, Paypal is not the kind of service you use for forex, and since I buy goods, hosting, and withdraw to my bank account in Euros, it makes sense to keep the Euro balance rather than US balance.
Over the last few weeks I've notice the exchange conversion moving from US$1 -> 69 Euro cents, to todays rate of US$1 -> 75 Euro cents, a very good sign in my opinion. Paypal typically don't adjust their conversion rate unless a new price point looks settled.
Working in Europe, in US dollars, therefor means that the closer to parity the dollar and Euro get, the more money I'm making. I love it, I want the Euro to be strong, but parity would be a very nice rate to settle on.



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