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-   -   Where's the US dollar headed? (https://gfy.com/showthread.php?t=382322)

daveylapoo 11-03-2004 01:38 AM

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?

Dead13 11-03-2004 01:40 AM

If you thought it was low before. :1orglaugh

daveylapoo 11-03-2004 01:47 AM

Quote:

Originally posted by Dead13
If you thought it was low before. :1orglaugh
No doubt :(

But may there be a short term spike/decrease before in continues it's plunge into the darkness....

Fake Nick 11-03-2004 01:47 AM

Cuba

Dacky 11-03-2004 01:48 AM

US$ is going down :(

SpaceAce 11-03-2004 01:48 AM

http://www.yoe-inc.com/Hometech/Images/2pc-toilet.jpg

Linkhotten.

SpaceAce

Vitasoy 11-03-2004 01:49 AM

It might be a slight increase who ever wins, but it won't be heading up any time soon. (long term)

The Other Steve 11-03-2004 03:33 AM

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.

Dalai lama 11-03-2004 03:35 AM

Quote:

Originally posted by Dead13
If you thought it was low before. :1orglaugh

what he said

Webby 11-03-2004 03:37 AM

Quote:

Where's the US dollar headed?
Being rapidly dumped and converted into Euros or *any* currency that has some credibility.

bizmak 11-03-2004 04:31 AM

hold on to your money.. now it's not the time for converting

reynold 11-03-2004 09:21 AM

The dollar you say? AArghh Mateys it's going down.

xanthias 11-03-2004 09:26 AM

damn, it is deminishing. its already down about ten cents to the pound. what is this economy coming too. :(

daveylapoo 11-03-2004 09:33 AM

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.

Theo 11-03-2004 09:39 AM

Kerry wouldn't save the ratio overnight either. For the moment it should remain kind of stable.

sh33p 11-03-2004 09:40 AM

Down the toilet to Mexico. :1orglaugh

skyechase 11-03-2004 09:40 AM

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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