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Originally Posted by rsynnott The dollar is very low right now. I'm wondering is there any realistic point holding payments until it improves  |
Apart form the fact that my background is economics (which generally means I'm no better qualified than the taxi driver to offer advice on currency), I dont think the dollar is going to appreciate unless we have a major shock somewhere. Dual deficits dont make the dollar attractive and many central banks are diversifying their reserves away from $.
I think we will go well into the 1.30's in the coming months. Just an opinion (and I thought gold would head into the 700's - I still think it will next year) (hmm I also thought that Irish property would have corrected at some stage - but of course now it's just cry wolf

).
In fact you may as well flip a coin as listen to me