bewareofthedog wrote: »
I have a sum of money online in USD, currently 100 USD equates to 82.26 in euro.
Does anyone think the dollar will rise up again in 2021 and I should wait a while or do you think I should cash out now.
Here's what the graph looks like, you can see coronavirus had a major impact on how close they were trending.
An Ri rua wrote: »
My view is that the USD will be influenced by its own stock market moreso than foreign trades.
Whenever the stock market hype rubber meets the road, there will be a rush to the dollar as a safe haven. Which will be temporary as the money will attempt to move on into gold / silver/bitcoin but, as tiny markets, the inn is full so its bleak for the dollar. Or the yoyo fir that matter.
What approximate sum are you discussing? The way it's written, it could appear as $100 but of course that's not what you meant. Just first read etc.