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Forex frustration
01/05/09
Forex frustration
I've been following the forex rates of the Euro compared to the dollar for several weeks now, since the EUR/USD hit a low point of 1.24 on November 21st (as shown on the forex charts screenshot above).
I have all those USD I'd like to convert to EUR but I just can't get myself to do it at the current rate about 1.40. 
All I can do no is hope that when Obama gets into office it's going to boost the USD enough for the difference with the EUR to go back down below 1.3...
3 comments
Comment from: Forex Hedge Fund [Visitor]
Forex hedge funds are becoming more popular investment vehicles and are likely to see significant gains from the turmoil in the currency markets.
01/05/09 @ 22:38
Comment from: Forex Trading Easy [Visitor]
Hi my friends,From my analysis EUR/USD rate will not go back down in nearest time.
It is referring to many indicators that I use.
04/06/09 @ 20:23
Comment from: low spread [Visitor]
The USD was really in a slump in nov/dec but now its somewhat valueable again which is great. And the euro is down because of the greeks that cant handle their finances.
06/01/10 @ 16:10
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