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Old 13-03-2008, 02:50 PM
frazer frazer is offline
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Default Selling to the US

In my view the majority the US would not purchase in any other currency we would be afraid to purchase in the Zimbabwe dollar (because we don't trust it as a measurement). I also beleive the US dollar has been higher than it should have been for years and is now correcting. It is very unlikely to be allowed to devalue more than another 10% . Central banks will if need be step in and buy dollars on mass at this point to protect global trade.

If you knew your likely sales and they are over 5,000 EURO it is possible to set up a forward contract to have a dollar rate for three months time with a currency broker. I use Foreign Exchange - Axia Fx Foreign Currency Specialists in London.
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