If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

euro/dollar

theliam · 2012-01-12 14:27:32

Any speculators out there able to give an opinion? Is the euro gonna keep dropping. gonna need about $2000 maybe more for the summer, is it worth buying it now or just wait? thanks

12-01-2012 2:27pm

#1

theliam

Registered Users, Registered Users 2 Posts: 244 ✭✭

Join Date: June 2006

Posts: 191

Any speculators out there able to give an opinion?
Is the euro gonna keep dropping. gonna need about $2000 maybe more for the summer, is it worth buying it now or just wait? thanks

0

Comments

#2 13-01-2012 3:09am

andrew

Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 3,372 Mod ✭✭✭✭

Join Date: July 2003

Posts: 3262

moved to investments and markets

0
#3 13-01-2012 9:51am

shangri la

Registered Users, Registered Users 2 Posts: 952 ✭✭✭

Join Date: November 2011

Posts: 867

The dollar is in a bubble. The US government is printing a lot of dollars, which devalue the currency.

I think a large eurozone bank/country will go tits up this year... Euro devalues.

There is a chance of a eurozone breakup/ireland exits and the new irish currency will devalue.

to answer your question in my amateur opinion...
Euro will get weaker against dollar.

solution would be to put your money into a third currency until you need dollars, the canadian dollar or swiss franc.

0