Currency Speculation?

[rsynnott]

The dollar is very low right now. I'm wondering is there any realistic point holding payments until it improves

 

[RedCardinal]

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

 

[rsynnott]

Hmm, yes, I don't think I'll actually do it. I'd be too annoyed if it went wrong. I was just alarmed to see the change in the last few months (on my credit card bill; domain renewals).