US ($) Currency Thread 1 (closed - use thread 2)

poggs

Okay. Again the UsA is seen to be a total basket case, but the Dollar Strengthens!

So, I take what we want is figures released that show the USA is getting healthy again? Then the oxymoron markets will cause the dollar to fall and the pound to rise!

jonathanrichardson69

inspector monkfish, what do you think? should i gamble and wait to buy my dollars? or should i buy them now before it drops any more?

inspector_monkfish

jonathanrichardson69 wrote: »

inspector monkfish, what do you think? should i gamble and wait to buy my dollars? or should i buy them now before it drops any more?

you all know my opinion that i believe there is no reason for GBP to be whacked down this low.

GBP is in no worser state than the USD or the EUR
Our only crime is that we have admitted it !!

However, the markets and market players seem intent to keep whacking the Pound lower, regardless of good, bad or indifferent news.... all logic seems to have gone out the window


So, if markets were playing fair, i would say hang on and wait, and it will get better........ maybe someone, somewhere out there will see some sense....:cool:

inspector_monkfish

poggs wrote: »

Okay. Again the UsA is seen to be a total basket case, but the Dollar Strengthens!

So, I take what we want is figures released that show the USA is getting healthy again? Then the oxymoron markets will cause the dollar to fall and the pound to rise!

you got it !!

jonathanrichardson69

i'm going to wait. no-one knows if that is the right thing to do. i suppose its just a waiting game. do you have a recommendation on where to purchase from? if i leave it to the last minute i will need delivery within a couple of days.

inspector_monkfish

jonathanrichardson69 wrote: »

i'm going to wait. no-one knows if that is the right thing to do. i suppose its just a waiting game. do you have a recommendation on where to purchase from? if i leave it to the last minute i will need delivery within a couple of days.

its more fun to wait !!

sorry, no idea where is best place to buy

jonathanrichardson69

yeah its more fun to wait. but its a lot of money, i'm taking in the region of 5k, therefore if it goes up 10cents, i think it works out at $500 thats a lot of food, or money to spend in the casino

inspector_monkfish

down, down, down to 1.4240 now....

jonathanrichardson69

i just noticed that aswell, its down about 1.5% today alone. if it keeps going at this rate, the pound will be worthless

ratkarth

http://www.investorschronicle.co.uk/InvestmentGuides/Derivatives/article/20090225/544e37d8-0315-11de-a6db-00144f2af8e8/How-to-bet-on-the-dollars-strength.jsp