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Originally Posted by LiveBucks_Rob
Keep as much of it as you can in USD and wait for it to go back up? Might be a long wait though.
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Yes, that's pretty much been the idea all along.
However, the long term outlooks just keep getting more and more bleak. Earlier this year the predictions were for a 1.25ish rate by mid 2006. This has dropped nearly 10% over the last 6 months.
One has to wonder where the bottom is, but there is little doubt these type of rates are here to stay for the forseeable future.