I'm planning on making a bit larger withdraw in a period of 1 month and I see that the dollar is dropping again. Does anybody have any idea if this is just temporary or is this going to be an ongoing trend again? I'm not sure if I should withdraw now or wait, since it's down to 0.77c again:/
i think the US dollar will not drop too hard, in fact from what i've read, it is expected to rise against many currencies. All the major exporters to the US are busy buying up the dollar, in order to prop it up.
Weak Dollar = Expensive Goods for Americans = Low Sales = Bad for business.
Originally posted by Alafoe
Prepare for USD for 0.5 if crisis strikes really hard...
Yeah, I know that, but the crisis is moving to Europe, so the eur:usd relation should keep on balencing out, right? I don't know shit about economics
i am laughing i guess.
Here in Australia we it is $1AU = $0.64US at the moment, i am almost doubling up!!!!!!
It does suck though cause there are heapsof things on ebay i want at the moment. Damm double edged sword..........
Originally posted by Alafoe
So we are all gamblers ... why not stand one more gamble?
I don't gamble
Any ideas for the period of next month, anybody?
imo, the dollar will continue to drop more than the euro. and here to prove my point is this lovely picture:

It most likely will drop faster than the euro, but when it reaches 0.66$/€ again, My guess is the European banks will start to counter this trend because it puts european countries at a competitive disadvantage
Originally posted by vhallee
imo, the dollar will continue to drop more than the euro. and here to prove my point is this lovely picture:
Is the euro doing what I think it's doing? Oh my god, so gay
The euro will drop faster than the dollar. Our economies are less flexible than the American and the overall prizing bubble was higher here, except for the housing market. You'll see, no worries.
The UK pound sterling is even under more severe pressure.