Investing in USD

Is it high time to invest in USD right now, while it's low? Or whether low rate isn't enough for investing in forex?


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dance as if nobody's looking

 

 To view my website: www.cuisinemiddleast.com

 

hi

its all a matter if you believe in $$$$ or not. If yu do and have spare money to hold on to, by all means, If I were you I would have bought.

my sole opinion

Elinoar

 

 

 

Posted 2007-04-17T18:10:51Z
 

As the US Dollar is in a long term downtrend it is probably way to early to start bottom picking. see

Forex Trading Guru for updated opinions on currency trading
Posted 2007-10-19T19:20:41Z
 
Bankrbabs
(deleted account)

I am buying....Although I do not doubt that it will go lower....It all depends whether or not you can invest and sleep at night......

Posted 2008-02-14T01:51:55Z
 

World opinion about the dollar sways the trading rate. That is, as the confidence of other nations about our economy decreases, so does the trading value of the dollar in relations to other national currencies.

One of the major factors affecting that confidence is U.S. national debt; which doesn't seem to have an end in sight. As the interest payments on current loans become larger and larger percentages of the national budget, the economic opinion of other nations will continue to drop.

So, in a nutshell, no, the dollar will probably not rise much (if at all).

 

Posted 2008-09-17T06:09:19Z

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