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. :roll:
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…
Comments from long ago:
Comment from: Forex Hedge Fund
Forex hedge funds are becoming more popular investment vehicles and are likely to see significant gains from the turmoil in the currency markets.
Comment from: Forex Trading Easy
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.
Comment from: low spread
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.
Comment from: EUR/USD
At last EUR/USD had broken the psychological resistance of 1.4000 and had crossed 1.4250 before taking some correction. If it gets support over 1.4000 then it should move towards 1.4400 target.
Comment from: Buy Stocks
I have been learning a lot about how to trade the EUR/USD from being able to watch the traders at etoro. I’ve mostly been buying stocks, but have begun to refocus on forex trading. I love trading stocks just as much as forex. The more news we get the better/steeper moves we get which makes it easier for me to profit.