USD vs EUR

**MetaMan** · 08-05-2008, 09:09 PM

well i have a degree in economics and i am telling you it is the best time to be dumping earning euro and solely switching over to usd, also tanking of the canadian economy is eminent.

**GeXus** · 08-05-2008, 09:11 PM

A degree? Ah shit.. lost all credibility.

**Shamus McFamous** · 08-05-2008, 09:40 PM

Originally posted by GeXus

What do you guys think about the outlook on the dollar? Think it's going to continue trending up against the EUR? or start heading back down...

The answer is clear.

**GeXus** · 08-05-2008, 09:45 PM

Not clear for me (cool colors though).... It's very up and down.. so I would think the USD is gonna head back down..

**clickyoucutie** · 08-05-2008, 09:48 PM

No way to know so why even guess

**Shamus McFamous** · 08-05-2008, 09:57 PM

Originally posted by GeXus

Not clear for me (cool colors though).... It's very up and down.. so I would think the USD is gonna head back down..

Each line (rainbow) is a moving average so the long term trend is up not down on the daily chart. I trade short and long all day long though so don't care much about long term direction.

**GeXus** · 08-05-2008, 10:01 PM

Originally posted by Shamus McFamous

Each line (rainbow) is a moving average so the long term trend is up not down on the daily chart. I trade short and long all day long though so don't care much about long term direction.

So if you had money in EUR would you hold on to it (assuming you want to exchange within a couple weeks) or convert now?

**Shamus McFamous** · 08-05-2008, 10:01 PM

Just went short on it.

**Shamus McFamous** · 08-05-2008, 10:02 PM

Originally posted by GeXus

So if you had money in EUR would you hold on to it (assuming you want to exchange within a couple weeks) or convert now?

Short term looks down so I would convert.

Edit. You could also hedge a little by converting half now and half when you need it.

**yahoo-xxx-girls.com** · 08-05-2008, 10:07 PM

Well... you could always invest in the Canadian dollar...

**GeXus** · 08-05-2008, 10:09 PM

Originally posted by Shamus McFamous

Short term looks down so I would convert.

Edit. You could also hedge a little by converting half now and half when you need it.

Cool, that's good enough for me.. thanks

**GeXus** · 08-05-2008, 10:17 PM

What software are you using for those charts?

**SirMoby** · 08-05-2008, 10:25 PM

I hope the dollar gets better but the USA is continuing to spend 25% more then they bring in from tax revenue and that will always drive the dollar down.

**John.** · 08-05-2008, 10:30 PM

Originally posted by MetaMan

well i have a degree in economics and i am telling you it is the best time to be dumping earning euro and solely switching over to usd, also tanking of the canadian economy is eminent.

that sentence does not make sense to me. Did you do your Degree through English?!

**yahoo-xxx-girls.com** · 08-05-2008, 10:33 PM

Originally posted by John.

that sentence does not make sense to me. Did you do your Degree through English?!

My English teacher would have a fit!

**DirtyProfits** · 08-05-2008, 11:00 PM

I think the dollar will be a little bit stronger in November but then get even weaker in February next year.

**PornMogul** · 08-05-2008, 11:09 PM

I think the usd is going to start getting better if gas prices go down.

USD vs EUR

USD vs EUR

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