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[Closed] The dollar movement

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ZhiCheng
Joined: 04.10.2008

Originally posted by Kokaroc
Hello guys!

I just wanted to ask similar question and found this sleeping thread.
So, is there some site on the internet, where you can watch dollar and euro currency prognosis or something like that?
For example: We are awaiting a small decrease to euro because of economical situation in ... and political situation in ...
and on the other hand, dollar should be increasing next week, because of good results etc...
Or is it something that nobody can tell for sure and therefore it's useless to make such assumptions.

I don't understand economic very well, but as a poker player who has bank account in euros and plays in dollars it's a good spot to increase my winrate :)

In the past two months dollar got pretty good exchange rate to euro.
In december, it was like 1:1,5 (eur:usd) and in the end of february it was like 1:1,35 (eur:usd). Now it is getting weaker - today the PS chart on home page shows 1:1,38.

And the last and the most important thing: When to cash out? If we have some information about things written above, we can make our decision based on that that will be the most +EV.
Should I wait a few days before things get better or should I cash the sooner the better, because things are going to be worse from now on.

If there is some similar thread, please post a link here
and if not, please post an answer/opinion.
Cheers and good luck at the tables :)

Kokaroc

Should some of us know about future exchange rates movements, he wouldnt be trying to play poker my dear friend..


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