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Posted By: ATMANJI

Posted On: Dec 23, 2004
Views: 2727
USD

I know a Greek multimillionaire, totally attached and believer to the dollar. Almost all of his deposits/investments were in Bank in NY.
Till last Monday ! He transferred the 75% of cash to unknown destination and had them converted in Euro/Sterlings/AUD. His comment :"It is about time to protect our wealth, USD starts to be a really risky business".
How many more shall follow or have done it already ?
Is it a good move for USA Economy seeing funds fleeing?
Anyone bothers ? Mr Snow ???


Posted By: elo

Posted On: Dec 13, 2004
Views: 4176
bush -political pig

USA -a greatest country in the world with a weakeast dollar in his history today.Thisis cannot be imaginable and is very ridiculous.Only a strong a currency can make a strong nation.Everyone knows that but Bush.It is really a time to realize a real strong dollar policy.Otherwise the USA will be replaced by Euro politically and economically and Bush will become hitorical devil. Good luck.


Posted By: ezraguy

Posted On: Dec 10, 2004
Views: 4221
falling dollar

yes, thanks bush. i came to europe to enjoy some of the earnings i had made in the states (by successful business) and found i had less to enjoy with. now i have converted all my $$$s to euros just to keep even. who voted for this jerk anyway?


Posted By: nellynel

Posted On: Dec 6, 2004
Views: 4858
falling dollar

lets give it to bush... he solely destroyed the value of the US dollar... what was pretty much one of the strongest currencies 5 years ago, is now a sham... europeans can afford to come one vacation here, while we can't afford to leave on our vacations to other countries. Way to go BUSH... what next, a double dip recession???


Posted By: nayyar shinwari

Posted On: Dec 2, 2004
Views: 5119
buying of pound

these days buying of pound will b good for coming few days its goin up will b stable up there for a at least a week.


Posted By: khan

Posted On: Dec 2, 2004
Views: 4469
usd towards down

usd will b stable for few days and then will go downwards, bcuz bush bush will b free to destroy any body and this will lower the economy of usa which means lowering of us $.


Posted By: ATMANJI

Posted On: Nov 24, 2004
Views: 4461
USD

Trusted analysts, Major Banks and Governments foresee the USDollar soon to touch 1.60 per Euro before getting balanced back to 1.50. Thereafter, no one knows what is to follow.
Dollar holders are to suffer for long !
Patience, the giant will someday recover from his dizziness !


Posted By: naobi

Posted On: Nov 23, 2004
Views: 4387
falling giant

the fall of the dollar riddicules the giant


Posted By: GEORGE AGATHOKLEOUS

Posted On: Nov 11, 2004
Views: 5026
USD

We see a dollar falling and those of us who are in dollars feel disappointed and have a bitter question : "Is it possible the biggest world economy, the single superpower on planet earth, the country with the most circulated currency to allow its currency be humiliated ?".
No matter what are the real facts driving the dollar lower and lower, USA should take serious steps to maintain at least certain reputation to its currency.
Despite all negatives, I still believe to dollar's power !


Posted By: xfly

Posted On: Nov 3, 2004
Views: 5754
we have a winner

looks like Bush is a winner
what to expect

more war
which means more debt to finance it
which means a lower dollar
which means higher oil
which means higher gold
which means fewer services

nice


Posted By: Can

Posted On: Nov 3, 2004
Views: 5767
US$ Dollar Rising?

With the good news that Bush is leading the race, dollar will rise... (at least for a few days)


Posted By: vishal

Posted On: Oct 30, 2004
Views: 4706
Rate Decrease

Due to Trade Deficit,oil Price hike & Out flow of money from US leads to dollar more weeker against major curruncies.


Posted By: Forex Directory

Posted On: Oct 28, 2004
Views: 4647
Forex Polls Open 24 Hours A Day

Forex Directory Polls are now open 24 hours per day, Sunday through Thursday. Each day at 4:30 pm et, the polls are set to zero.

To view a trend on an intraday basis, check back during key times and review the activity. Example, late evening during the eastern time zone, asian traders are placing their votes, whereas, early in the morning eastern time, european traders are very active. Later in the day, north american traders may be registering their vote.

Good Luck


Posted By: Winseer

Posted On: Oct 24, 2004
Views: 5690
Trend continuation this week?

The best time for foreign investors to purchase bonds would be at the trough in the USD. If those same buyers perceived an even weaker USD in the coming days to the election, they perhaps would have held back.

USD is due for at least a bounce this week, if not a correction, and short USD positions are vulnerable to the slightest piece of good news on the economic front. At the moment, we are seeing a repeat of February this year, with perhaps a test of 1.29 on the euro being expected by many, but with fundementals a lot different from february, including US interest rates having almost doubled since then.

I am forced to the conclusion that the biggest prospective losers in a USD correction would be EUR,CAD,CHF at the most vulnerable, with AUD and GBP looking somewhat more subdued. Look for plenty of activity in the cross rates over the next few days.


Posted By: RIYAZ RAZEEN

Posted On: Oct 24, 2004
Views: 4737
Short on Greenback

Due to US elections and trade deficits and low levels of assets purchased by investors in US, the USD will fall further in the coming days.
This is justified by 2/3 of the traders who want to be short on the USD. Speculation JPY/USD= 104.50 in two weeks.


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