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Where's the US dollar headed? Where's the US dollar headed?
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Old 11-03-2004, 01:38 AM   #1
daveylapoo
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Where's the US dollar headed?
Should one be expecting some dramatic increases/decreases in the next 24-48 hours?

Is it possible there may be an opportunity here to sell some US dollars for more than the current 1.20 CDN in the next little while?
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Old 11-03-2004, 01:40 AM   #2
Dead13
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If you thought it was low before.
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Old 11-03-2004, 01:47 AM   #3
daveylapoo
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Quote:
Originally posted by Dead13
If you thought it was low before.
No doubt

But may there be a short term spike/decrease before in continues it's plunge into the darkness....
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Old 11-03-2004, 01:47 AM   #4
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Old 11-03-2004, 01:48 AM   #5
Dacky
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US$ is going down
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Old 11-03-2004, 01:48 AM   #6
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Linkhotten.

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Old 11-03-2004, 01:49 AM   #7
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It might be a slight increase who ever wins, but it won't be heading up any time soon. (long term)
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Old 11-03-2004, 03:33 AM   #8
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Quote:
Originally posted by daveylapoo
No doubt

But may there be a short term spike/decrease before in continues it's plunge into the darkness....
Look at xe.com - it updates every 10 minutes - so far the $A has gone up against the $US and I guess the $CDN is doing the same.

That doesn't look like a spike in the $US to me - it looks more like the market as decided that re-electing Bush has the potential to turn the US economy into a shambles.
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Old 11-03-2004, 03:35 AM   #9
Dalai lama
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Quote:
Originally posted by Dead13
If you thought it was low before.

what he said
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Old 11-03-2004, 03:37 AM   #10
Webby
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Quote:
Where's the US dollar headed?
Being rapidly dumped and converted into Euros or *any* currency that has some credibility.
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Old 11-03-2004, 04:31 AM   #11
bizmak
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hold on to your money.. now it's not the time for converting
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Old 11-03-2004, 09:21 AM   #12
reynold
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The dollar you say? AArghh Mateys it's going down.
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Old 11-03-2004, 09:26 AM   #13
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damn, it is deminishing. its already down about ten cents to the pound. what is this economy coming too.
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Old 11-03-2004, 09:33 AM   #14
daveylapoo
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Quote:
Originally posted by The Other Steve
Look at xe.com - it updates every 10 minutes - so far the $A has gone up against the $US and I guess the $CDN is doing the same.

That doesn't look like a spike in the $US to me - it looks more like the market as decided that re-electing Bush has the potential to turn the US economy into a shambles.
Ya, I've had the http://www.xe.com/ucc/ page open for two days now, refreshing it every couple hours. Last night was 1.228, this morning is 1.211.

Down a bit, but nothing extreme thus far.

Remember thinking that 1.3 was brutal?

....'o.k., I'll wait till we get back to 1.35....It ain't no .40 on the dollar, but It'll have to do....'

Yikes.
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Old 11-03-2004, 09:39 AM   #15
Theo
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Kerry wouldn't save the ratio overnight either. For the moment it should remain kind of stable.
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Old 11-03-2004, 09:40 AM   #16
sh33p
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Down the toilet to Mexico.
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Old 11-03-2004, 09:40 AM   #17
skyechase
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Pretty soon we'll have to use the dollar to wipe our asses. As it will have the same wealth as tissue paper.
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